Amendment status not verified — confirm the current text below against the official source.
(I) For the purposes of this Act, a '[property lax] rates on the annual determined under this Chapter, of lands and buildings in'[KolkaiaJ shall be imposed by the Corporation. (2) Such '[property lax] shall be,— (a) where the annual value does nol exceed six hundred rupees, eleven per cenr. of the annual value; (b) where the annual value cxcccds six hundred rupees but does not exceed eighteen thousand rupees, such percentage of the annual value as is worked out hy dividing the annual value by six hundred and adding len to ihe quotient, lhe sum thus worked mil being rounded oil' to ihe nearest first place of decimal; (e) where the annual value exceeds cighleen [housand rupees, forty per l ent, of lhe annual value. St'i fool-noto 2 page 633,. wirr. 'Clause (b) was omilled by s, 3 of llic Cakulta Municipal Corporation (Amendment) Acl, TO2 (West Ben. Acl IX of 1992). 'Tlie iiwd "and" was omilcd by s. 5(1) of Ihe Cateuila Municipal Corporation (Second Amendment) Acl. 1984 (Wcsl Ben. Acl XI11 of 1984). Tin: word wilhin llic square brackcls was subsliluicd for ihe word "loll." by s. 5(2). ibid. 'Clauses <e) anil (I) were inserted by s. 5(3), ibid. ' 'Si r I<:■>'. IKHO 2 on page 567. aittc. 654 The Kolkaia Municipal Corporaiion Act, 1980. [West Ben. Act (Part IV.—Ta xation—Chapter XII.—Powers of Taxation and pmperiy tribes. —H. Property tax on lands and buildings and surch ci rge. —Se ction 171.) '(3) In calculating lhe gross amount of -[properly lax] including tax under the Howrah Bridge Acl, 1926 thai may be imposed on lands and BUN AL-I IV buildings {including huls) perquanerand lhe net amoul payable per quarter °r after allowing rebaic under sub-section (2) of section 215, lhe fraction of a rupee shall be rounded off to (he nearest rupee, IIfly paisc being treated as rupee one. (4) Notwithstanding the provisions of sub-section (2)9[and suh-scclion (9)[, llie Corporation may, where may land or builciingJfor hut] or portion there of is used for commercial or non-residential purpose, levy a surcharge on the -[property taxj on such land or building 4[or hut) or portion thereof at such rate nm exceeding fifty per cent of the -[properly lax] as ihe Corporation may from time to lime determine: Provided that where any portion of any land or building fl[or hui] is used for commercial or non-residential purpose, the amouni or the :[property lax] payable in respect of such portion shall, while fixing the -[properly tax] for die entire land or building -^or hut], be separately calculated: Provided further lhai subject to such rules as may be made by the Slate Government in ihis behalf for the grant of exemption from surcharge in respeci of any class or classes of'lands or buildings '[or huts], used for educational, medical, public hcallh or cuilural purposes or for purposes of spoi ls, the Corporation may exempt any such land or building 7[or hut] from payment of the surcharge: Provided also lhai such exemption shall in no ease exceed seventy- five percent, of llie surcharge. (5) Where a newly constructed building is used exclusively for residential purposes, a rebate of twenty-five per cent, in the -[property l;u] as determined under sub-scclion (2) shall be allowed for first three years'[from the quarter following the dale of issue or initial) the occupancy certificate under the provisions of this Act: Provided (hat such rebate shall nol be allowed for old buildings which have been redeveloped through alterations or additions: Provided further that such rebaie shall be allowed in respect of such building in so far as il is a single unit of assessment under ihis Chapter. 'Sub-section (.1) was substituted for lhe original sub-scclion by s. 6(1) of Lhc Calcutta Municipal Corporalion (Second Amendment) Acl, I9R-1 (Wcsl Bon. Acl XIII of 1984). -See foul-mile 2 (in page 613., mile. 'The wonls, brackets tind I]gun; wiihin lhc square hrjtkcls were inserted by s. 6(2 Xa). ibid JThe winds wiihin lhc square brockets weie inserted by s. 6(2)(b), ibid. 'The words wiihin ihe square brackets were inserted hy ,s. 6(2)(e), ibid The words wiihin lhc square brackris were inserted hy s. 6(2)(d)(i). ibid. "The words wiihin lhe square brackets were inserted hy V G(2)(d)(ii). ibid. 'Tlic words. Idler and brae kef. w ft bin the square brackets were subs! uu led Tor lhc words, I oner and brackets "in clause (a) or Tor" by *. 7(a)(i) of the Calcutta Municipal Corporation < Amendment) Aci. 1983 (West Ben. Acl XXXII of 198.1), !Thc words wiihin lhc square brackcls were inserted by s. 7(a) (ii). ibid. 'The words, brackets and %ure within [he square brackets H ere substituted for the words, brackcls and figures "sub-sect ions (2) and (4) or cslofiwhcrt in this chapter" by 5, (i{4) of the Calcutta Municipal Corporalion (SecondAmendment)Act, 1 'JX I (Wcsl Bcn.Aci XIII nl 1984). Ji'(r fool-note 2 on page 633, time. The words. leilcr* and brackcls within lhc square brackcls were substituted for lhc words "such busier" by s. 7(b) of Ihe Calcutta Municipal Corporalion (Amendnienl) Acl. 1983 (Wcsl Ben. Act XXXIJ or lyt>3>. "The word wiihin ihe square brackeis was inserted by s. 10(i) oflhe Calcutta Municipal Corporalion (Amcndmcm) Acl. 200) (Wcsl Ben. Acl Vtlt of 2001). Sub-clause (iv) wax inerttd by s, 10(ii). ibid. The Kolkaia Municipal Corporation Acl, 19S0. 655 LIX of 1980.J "The words wiihin the square brackets were substituted for the words "from (lie dale of issue or1 by v 6(3) of lhe Cnlculta Municipal Corporalion (Second Amendment) Acl. 1984 (Wesl Hen.Act Xlll of 1984). ' 656 The Kolkaia Municipal Corporaiion Act, 1980. (Pan IV,—Taxation,—Chapier XII.—Powers of Taxation and property laxes. —B. Properly tax on lands and building and surcharge.—Section 171.) (6) Notwithstanding anything contained in lhis Chapter. kinds unci buildings which are liie properties of (he Union, shall be exempt from the '[properly lax:) Provided lhal noihing in lhis sub-seciion shall prevent lhe Corporation from levying on such lands ;ind huildings a '[properly lax] to which immediately heforc the commencement oT this Acl they were, or were treated as. liable: Provided further thai lhe Corporation may levy a service charge on such huildings on lhe basis of such annual value and at sucli rale may be determined by the Central Government from lime to time. (7) Notwithstanding anything contained in the Chapier. lands and buildings which vest in the Board of Trustees for the Port of :[Kolkaia] shall, for the purpose of levying a '[property lax] thereon, be assessed in B A ((][ accordance wilh the provisions contained in Pari IV of lhe :[Kolkata] oriS'K] Port Act, 1890 and lhe agreement, if any, hctween the Board ofTruslccs for the Port or -[Kolkaia] and ilie Corporation under ihe said Acl. (8) Noiwilhsianding anything contained in sub-seciions (2) and (4), lhe '[properly lax] on the— " (a) land owned by or belonging io— (i) the Board ol'Trusiecs forthe Improvement of;[ Kolkata], ' constituted under the :[Kolkala] Improvement Acl. Ben.Ai-iV 1911, or "r!911- (ii) the -[Kolkata] Metropolitan Development Authority, constituted under the :[Kolkaia] Metropolitan Wu« Ben. Development Authority Acl, 1972, or m*' (iii) lhe Wcsl Bengal Housing Board, constituted under the w<m Den, West Bengal Housing Board Act, 1972, or A,cl XXXlli - % - of V)12. 0v) ihcwesi Bengal InduMrial InIrasLrucLurc Development Corporation, established under the West Bengal wt-si Ben. Industrial Infrastructure Development Corporation Act, AcI iu-j , or 197-1. 1974, or (v) such oilier statutory body as may be notified by the Stale Government in lhis behalf from lime lo time, fur the purposes of development schemes in accordance with ihe published or approved plans but nm put losiicli use, shall be iwenly-onc per cent, or the annual value oT such land as deermined under this Chapier; (b) land or building acquired, constructed, purchased or owned by lhe Government or any of the statutory bodies mentioned [West Den. Act (Ptirt IV.—Taunion,—ChapterXII.—Powers of Taxation and properly taxes. —B. Property tax on lands and buildings and surcharge.—Section 172.) '[in clause (a) Tor] any Government approved scheme for (he purpose of subsidised housing lor persons belonging to low income group or indusiriul workers and comprising of tenements let out to such persons nn a monthly rent shall be twenly-onc per cent, of the annual value of such land or building determined under this Chapter; (c) land or building acquired, constructed, purchased or owned by :[Government orj any of the statu lory bodies mentioned in clausc (a) for any other purpose shall be at the rate determined under sub-sections (2) and (4) of this scclion. (9) The Kolkaia Municipal Corporation Acl, 19S0. 657 LIX of 1980.J Kxemplion or kinds and buildings from J [property tax]. Notwithstanding anything contained in -'[sub-section (2)], the J[properiy tax] shall nol excccd,— (a) in respect of land, hut or building in a bus ice improved under (he Wcsl Bengal Slum Areas (Improvement and Clearance) WCSL Ben. Act. 1972, eighteen per cent,, and 197*^ (b) in respect of land, hul or building in any oilier 'hu stee' fifteen per cent., oflhe annual value of5[such land, hul or building in a bustee referred to in clausc (a) or clause (b), as the case may be,] determined under this Chapter.