Amendment status not verified — confirm the current text below against the official source.
(1) Notwithstanding anything contained elsewhere in this Act, the property tax on land and building in a bustee shall, after deducting therefrom a sum equal to one-eighth of such property tax, be paid by the owner of the land in such bustee. (2) Whenever a property tax on land and building in a bustee is leviable, the owner of the land in such bustee may recover from the owner of each hut standing thereon— (a) half of the property tax on the land on which the hut stands; and (b) the poperty tax on the hut standing on the land. PART III] THE KOLKATA GAZETTE, EXTRAORDINARY, MAY 29, 2008 73 The West Bengal Municipal Corporation Act, 2006. (Part V.—Chapter IX.—Municipal Taxation.—C. Valuation and assessment list.—Sections 139, 140.—D. Profession, trade and calling.—Section 141.— E. Tax on advertisement.—Section 142.) Person liable to pay surcharge to recover it from occupier. Default of payment of property tax. Certificate of enlistment for profession, trade and calling. (3) The sum deducted under sub-section (1) shall be retained by the owner of the land in the bustee— (a) as a set-off against the expenses which may be incurred in collecting the portion of the property tax on land and building recoverable under sub- section (2), and (b) as a commutation of all refunds in respect of the huts which are vacant or which may be removed or destroyed during the period the property tax on land and building remains in force.