Amendment status not verified — confirm the current text below against the official source.
1, this Act. unless the conlext otherwise requires- (a) 'agricul~ure' includes horticulture, the raising of at1 nual or periodical crops or garden produce, diary farming, poultry farming, stock breeding, grazing ;~nd pisciculture ; '[(b) 'agricultural land' means land used for the purposes of agriculture and includes the homestead of an agricuIturist adjacent to his agcicullural land ; (c) 'family' means the person, the wife or husband, as the case may be, and minor children but excluding married minor daughtcrs ; '[(d) 'holding' means the total land of cvery description owned by a land owner : Explatlation :- In this clause, the expression 'land-owner' shall include the members of his fiimily.; ' [(dd) 'land-owncr' means a person or an institution owning land of every desci-iprion including non-ngricul~urnl land : '[(drld)'Iunga' means plain low-ly ing land between [\vlo lilli~s ir- respective of its usc in any manner or Form of ilgricul turc ; I t ) 'market value' mcaus value as determined under rht: Tripura Land Revenuc and Land Reforms Act, 1960, and rulcs made ~hei-cunder ; 'I(ee) 'nal' means plain arablc laud il-respective or its usc in any illnnncr or f u r l ol'agl-iculture : "l(f] 'non-agr-icul~uinal lands' means a11 lands which are nut agricultural lands and includes honiestead not covered by clause (b) ; (g) 'prescribed' means prescribed in the rules madc under this Act ; (h) 'profits of agriculture' means the profits of agr-iculrure as detcrl-~ined under the Ttipura Laud Revenuc and Land Refbrms Act, 1960, :rnd rules made thel-eundcl- ; (i) 'village' will have thc some meaning as given in thc Tripura Land Revenue and Land Refortns Act, I960 ; ) 'year' mcans the financii~l year beginning on the first day oC April of the catendar year and ending on thc 3 1 st diiy of March of the next calendar ycar. '13. (1) Save as otllerwise provided in this Act and with effec~ Ii-om thc L S ~ ~ ~ 1st day of April 1979, [here shall be levicd and collecrcd for each ycar an collection of lax on holdings. nillount of tas ci~l~llli~ted on thc ptofi ts of agriculrurc in thc case of ag~~icul~ur-nl lnncls ancl on rhe market value of the I:md in tl~c case of non-ag~iculmral lands, in rcspcct of each holding ;!I the rille as tnay be fixed by he State Govc~.~~~ncnt by notification in thc Ofticia1 Gazelre subject ro rhe maxiinurn liulii specified in the Schedule. Expiri~tntiotr - Size ofa holrling ns on the first day or April of cncl~ ycnr shall be the basis fnl-assessing the tax payable during h e year. Asscssmcnt 4. The asscss~ncnt of tax payable will be nlade in the II~IIIIC of the head 01 or T ~ X . lamily, I~owever, all the members of the family shall remain jointly and scv- erallp I-espot~sible for the pay~ncnt of tax. kldeof ?[5. The tax shall be payable during each year within such dates and in such p a j ~ ~ ~ e n l . ixlnnel- as may bc prescribed. l'cnaltyIbr 6, Whoever makes defrull~ on payment of tax undcr this Act wi~hin thc dcraull. datc specifiecl in seclion 5 shi~ll be liable, in 2tdditiot1 to tllc tax, a penalty at thc following inales - (i) for dcfaul t on paymen! 01 lax ~ ~ p l o 10% of the amount of upto onc pcal- lax: payable. (ii) ioin default on poymcnt of tax upto 25% of the amount of Por more than onc ycar bur upto tax payable. three yeitrs. fi i i ) for dchull on pnyrnent of tax upto 50% of the amounl of bcl~ind three years. lax payable. Mamlcror