Amendment status not verified — confirm the current text below against the official source.
(1) Notwithstanding anything contained in sub- deemed to be made in section (2) of section 7, any declaration furnished in certain accordance with the provisions of sub-section (1) of cases. section 7 by an owner of a multi-storeyed building or part thereof having a covered space less than 1500 square metres in respect of any year or part thereof beginning with the year in which section 7 of the Act came into force and ending with the year completed on the 31st day of March, 1999 (hereinafter referred to as the eligible period) in respect of which no assessment under sub-section (2) of that section has been made, shall be accepted as correct and complete and all assessments in respect of such eligible period shall, subject to the provisions of sub-section (2) of this section, be deemed to have been made on the 30th day of July, 1999: Provided that where any assessment made under sub-section (2) of section 7 in respect of any year or part thereof falling within the eligible period has been set aside under section 13 or section 17 with direction to make fresh asessment, the provisions of this sub-section shall not apply. (2) When the Commissioner or any person appointed under sub- section (2) of section 4 having jurisdiction on any owner is satisfied on information or otherwise that an owner referred to in sub-section (1) of this section, in the declaration submitted by him under sub-section (1) of section 7— (i) has furnished incorrect annual value or incorrect particulars relating to covered space of the multi-storeyed building or part thereof resulting in less payment of the tax; or (ii) has not paid the tax or paid the tax less than the tax payable according to such declaration, relating to any year or part thereof in respect of which an assessment is deemed to have been made under sub-section (1) of this section, he may, within six years from the date of such assessment, re-open such assessment and, after giving such owner a reasonable opportunity of being heard, make fresh assessment under sub-section (2) of section 7 and, in the case where such fresh assessment is made, the provisions of section 8A or section 9, as the case may be, shall apply mutatis mutandis. 67 The West Bengal Finance Act, 1999. [West Ben. Act Amendment of West Ben. Act VI of