Amendment status not verified — confirm the current text below against the official source.
(2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance including any notification issued, rules and appointments made and returns furnished shall be deemed to have been done or taken under this Act. [1966 : T.N. Act 12] Urban Land Tax ' [THE SCHEDULE (See Section 5.) A. Urban land in any urban area in which this Act is in force (other than the Madras City Belt Area) PARTI Urban land which is vacant or is used for residential purposes. Extent of urban land () Where the aggregate extent of urban land held by the owner in the urban area - (i) is two grounds or less Lees (ii) exceeds two grounds but does not exceed five grounds. (iii) exceeds five grounds but does not exceed ten grounds. (iv) exceeds ten grounds but does not exceed twenty grounds . (v) exceeds twenty grounds Rate of tax (2) Nil 0.7 per centum of the market value on the extent in excess of two grounds which have the lowest market value. 1.0 per centum of the market value on the whole extent. 2.0 per centum of the market value on the whole extent. 2.5 per centum of the market value on the whole extent. 1The present Schedule was substituted by section 15 of the Tamil Nadu Urban Land Tax (Amendment) Act, 1975 (Tamil Nadu Act 49 of 1975). The original Schedule which was added by section 12 of the Tamil Nadu Urban land Tax Amendment) Act, 1971 (Tamil Nadu Act 30 of 1971), read as follows : - “THE SCHEDULE (See Section 5.) Extent of urban land Rate of tax (2) 0.5 per centum of the market value of each urban land ; 0.7 per centum of the market value of each urban land ; (1) Where the total extent of urban land held by the owner - (i) Exceeds one ground but does not exceed two grounds (ii) exceeds two grounds but does not exceed five grounds. (iii) exceeds five grounds but does not exceed ten grounds. (iv) exceeds ten grounds 0.8 per centum of the market value of each urban land ; 1.0 per centum of the market value of each urban land.” Contd. Urban Land Tax [1966 : T.N. Act 12] PART II Urban land used for non-residential purposes. Extent of urban land Rate of tax (D (2) Where the aggregate extent of urban land held by the owner in the urban area - (i) is half ground or less Lees Nil (ii) exceeds half ground but does not 0.5 per centum of the market exceed two grounds value on the whole extent (iii) exceeds two grounds but does not 1.0 per centum of the market exceed five grounds value on the whole extent (iv) exceeds five grounds but does not 1.5 per centum of the market exceed ten grounds value on the whole extent (v) exceeds ten grounds but does not 2.0 per centum of the market exceed twenty grounds value on the whole extent (vi) exceeds twenty grounds Lees 2.5 per centum of the market value on the whole extent [The said Schedule was substituted by section 13 of the Tamil Nadu Urban Land Tax (Amendment), Act, 1972 (Tamil Nadu Act 19 of 1973) which reads as follows :- “THE SCHEDULE (See Section 5.) Extent of urban land Rate of tax (D (2) Where the aggregate extent of urban land held by the owner in any urban area - (i) is two grounds or less Lees Nil (ii) exceeds two grounds but does not 0.7 per centum of the market exceeds five grounds value on the extent in excess of two grounds (iii) exceeds five grounds but does not 0.8 per centum of the market exceed ten grounds value on the extent in excess of two grounds (iv) exceeds ten grounds Leas 1.0 per centum of the market value on the extent in excess of two grounds.” [1966 : T.N. Act 12] Urban Land Tax B. Urban Land in the Madras City Belt Area PART III Urban land which is vacant or is used for residential purposes Extent of urban land (1) Where the aggregate extent of urban land held by the owner in the urban area - (i) is three grounds or less Lone (ii) exceeds three grounds but does not exceed seven grounds (iii) exceeds seven grounds __ but does not exceed ten grounds (iv) exceeds ten grounds but does not exceed twenty grounds (v) exceeds twenty grounds PART IV Rate of tax (2) Nil 0.7 per centum of the market value on the extent in excess of three grounds which have the lowest market value. 1.0 per centum of the market value on the whole extent. 2.0 per centum of the market value on the whole extent. 2.5 per centum of the market value on the whole extent. Urban land used for non-residential purposes Extent of urban land (D Where the aggregate extent of urban land held by the owner in the urban area - (i) is one ground or less. (ii) exceeds one ground but does not exceed two grounds. (iii) exceeds two grounds but does not exceed seven grounds. (iv) exceeds seven grounds but does not exceed ten grounds. (v) exceeds ten grounds but does not exceed twenty grounds. (vi) exceeds twenty grounds Rate of tax (2) Nil 0.5 per centum of the market value on the whole extent. 1.0 per centum of the market value on the whole extent. 1.5 per centum of the market value on the whole extent. 2.0 per centum of the market value on the whole extent. 2.5 per centum of the market value on the whole extent. [1971 : T.N. Act 30] Urban Land Tax (Amendment) TAMIL NADU ACT NO. 30 OF 1971*. THE TAMIL NADU URBAN LAND TAX (AMENDMENT) ACT, 1971. [Received the assent of the President on the 22” October 1971, first published in the Tamil Nadu Government Gazette Extraordinary on the 26'" October 1971 (Kartika 4, 1893).] An Act to amend the Tamil Nadu Urban Land Tax Act, 1966. BE it enacted by the Legislature of the State of Tamil Nadu in the Twenty —Second Year of the Republic of India as follows : -