Amendment status not verified — confirm the current text below against the official source.
For the purposes of this Act, the increment shall be deemed to Calculation be the amount by which, on the date of the publication of the scheme of increment. under section 61, the market value of any plot with reference to the improvements contemplated in the scheme, on the assumption that the scheme has been completed, would exceed on the same date the market value of the same plot estimated without reference to such improvement: 159 The West Bengal Town and Country (Planning and Development) Act, 1979. [West Ben. Act (Chapter VIII.—Development Schemes.— Sections 89, 90.) Provided that in estimating such value, the value of buildings or other works erected or in course of erection on such plot shall not be taken into consideration. Contribution towards cost of scheme. Certain amount to be added to or deducted from contribution leviable from person.