Amendment status not verified — confirm the current text below against the official source.
(1) Where any holding is exempt from property tax, the annual valuation thereof shall be determined in accordance with the provisions of this Chapter. (2) Where any land is exempt from property tax under this Chapter, the annual value of any building erected on such land, not entitled to any. exemption from the property tax, shall be determined separately from the land in accordance with the provisions of this Chapter. Determina- tion of annual valuation. Determina- lion of annual valuation of holdings exempted from property tax. 255 The West Bengal Municipal Act, 1993. [West Ben. Act (Part IV.—Municipal Taxation and Application Fee.— Chapter X.—Taxes and Fees.—B. Rating and Valuation.— Section 108.) Unit of Assessment