Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the other provisions d this part and the rules made cess, etc. thereunder, ths authorities for the time being empowered tb assess, reassess, colle& and enforce payment o£ tax on lands or buildings or both in respect of the annual letting value or annual value thereof in. municipal area (M urban area, under the law relating to local authority or the Sampatti Kar Adhin;ylarr as the case mav be. shall, on behalf of the State Government ascPsq. reassess, collect and enforce paymmt of cess, including any penalt~y p,?yable by the owner and for this purpose they may exercise dl or any of Ihp powers. t l - 1 ~ ~ ~ ~ 7 {lave ~ m d e r the said law or Adhiniyam. k . ~ i b - m, R n 123;1:ii8 I : , ~ ~ \ , - - 97 - d S % The proceeds of (hs a s s collected by a local authority shall after deducting therefrom such SUni of money on account of collection charges as the State Government may Ex, be credited to the account of the Staic: Government at such intervals and in scch manner as may be prescribed and sfla]] be applied to urban development schemes particularly to slum c!earance. F.ART 111-CESS ON TIWXSFER CF VACANT LAND AND L ~ Q ~ USED FOR 'I333 P W O S E OF AGRPCULTmE