Amendment status not verified — confirm the current text below against the official source.
For the purpose of assessment of tax on land and building the entire the municipal area may be divided into several tax areas on the basis of Mu a commercial and residential importance as well as valuation of land and Act, 1932 to a for building in each tax area, and the Municipality shall make assessment of tax assessment on annual rental value in accordance with the relevant provision of Bengal of tax. Municipal Act, 1932. Provision of 195. In each tax area the buildings may be classified as residential the Bengal Municipal Act, commercial industrial, institutional and in such other classess as may be 1932 to apply precribed. The annual rental value of such buildings and the lands shall be for determi- determined in accordance with the relevant provision of the Bengal nation o f annual rental Municipal Act, 1932. value. Power of the 196. Notwithstanding anything contained in this chapter the State State GOver- Government may by rules, work out any other alternative assesment nment to adopt any alternative mechanism for tax assesment and provide for detailed procedure for assessment met- imposition of assesment and collection of tax. hanism. I . SuOstiruterl by Tile Tripurrc Municipal (Amendmcrrt) Act, 2000. n9.c.j' 6-10-2000.