Amendment status not verified — confirm the current text below against the official source.
To enable lhe Municipal Commissioner lo revise lhe annual value pun'"™ of ol an>' 'aRd or building governed by any circumstance specified in sub- re vision in section (2) of seclion 180. except in respect of a case under clause (v) v^'iuui'ion'of thereof, the owner or the person liable to pay (he '[properly taxj for such lands and land or building shall furnish to the Municipal Commissioner, nol laier buildings. ,[1C 3 ] of March of the year immediately following, a reiurn in such form as may be prescribed: * * * * * J* * * * * * The Kolkata Municipal Corporaiion Act. I9S0. LIX of 1980.1 Self- '182A. (1) Notwithstanding anything to the contrary contained anif^"^"' elsewhere in lhis Acl, any owner or person liable to pay the :[propcny submission lax] on— (a) any new building or existing building which has nol been assessed, or " (b) any existing building which has been redeveloped or substantially altered or improved aflcrihe last assessment, but has not been subjected to revision of assessment consequent upon such redevelopment or alteration or improvement, as the case may be, or (c) any new building or existing building referred to in clause (a) or clause (b), the bills in respect of which have not been issued, shall pay such :[properiy lax] together wilh interest, if any, payable under any provision of this Acl, on self-assessment: Provided that such self-assessment shall be certified by a valuer holding a diploma from the Institution of Surveyors and enlisted with the Corporaiion of such valuation, where the total floor area of such new building or existing building exceeds .400 square metres: Provided further that lhe valuation on self-assessment, where lhe total [West Ben. Act {Par! IV.—Taxorion,—Chapier XII.—Powers of Taxation and properly ni.w.—D. Assessment,—Seclion JS2A.) floor area oT a new building or existing building exceeds 400 square me I res or nol. sliiill be- in) where ihe value of land and building docs not exceed Rs. 2.01) lakhs of ihe scll'-assescd value—I pcrccnt; fb) where the value exceeds Rs. 2,00 lakbs—1.5 per eeni. Explanation.—Fqt lhe purposes of lhis sub-seciion.— (1) "last assessment" shall mean the assessment where the annual value has been determined by llic hearing officer under this Aet and communicated to the asscsscc; (2) "Institution of Surveyors" shall menn the Institution of Surveyors recognised as such by ihe Government oT India; (3) "value" shall, in the case of an apartment, mean die cost of the apartment and ihe proportionate eosl of lhe land. <2} Such owner nr person shall furnish lo the Municipal Commissioner a reLurn of self-assessment in such form, and in such manner, as may be prescribed. Every sucb return shall be accompanied by proof of payment of such '[properly lax| and interest, if any. (3) The payment of such '[property tax] and. interest, if any. shall be made, and such return shall be furnished, wilhin sixty days of ihe commencement of the Calcutta Municipal Corporaiion (Amendment) Acl.