Amendment status not verified — confirm the current text below against the official source.
Every owner within the meaning of sub-clause (i), or sub-section (ii), as the case may be, of clause (e) of section 2, of a building or part thereof shall be liable to pay a building tax at the rate of five per centum of the annual value of such building or part therof, for the period during which such person continues to be the owner of such building or part thereof. Taxing authorities. Liability to pay building tat 219 The West Bengal Building Tax Act, 1996. [West Ben. Act (Sections 5-7.) Declaration for determina- tion of annual value of building. Determina- tion of anual value of building and tax payable. Payment of tax. S. Every owner within the meaning of sub-clause (i) or sub-clause (ii), as the case may be, of clause (e) of section 2, of a building or part thereof shall furnish a declaration in such Form, in such manner, and within such period as may be prescribed,— (i) in the case where such building or part thereof has been constructed by him, with respect to the amount of the cost of construction of such building or part thereof including the market value of the land, if he does not use himself, or is not in occupation or possession of, such building or part thereof, or (ii) in the case where transfer of ownership or possession of a building or part thereof has been made or delivered to him, otherwise than by a registered instrument, with respect to the market value of such building, for determination of annual value under section 6.