(1) In ord er to levy the Urban Imm ovable Property Tax, the prescribed authority may obtain in the beg inning of each year from the Municipal Board or Tow n Com mitt ee, as the case may be, a list of owners of lands and build ings with the ir addresses in respect of wh ich ann ual valu e has been det erm ined by the Municipa l Board or Town Committee.
(2) Where no annual value of any land or bui ld ing has been dete rmined by the Municipa l Board or Town Committee, the prescribed autho rity , afte r mak ing such enqu iries as may be necessary, shall dete rmine the valu ation of such land or bui ldin g within such Mu nic ipa l are a as h ereinaft er prov ided and shall enter the sam e in a list called the dra ft Valua tion List, which shall be in the prescribed form.
(3) As soon as m ay be, afte r pre parat ion of the dra ft Va lua tion Lis t, the prescribed autho rity shall pub lish a not ice in the p rescribed ma nner call ing for any objection to the said Valua tion List, to be pre ferred wi thin thi rty days of the date of pub lica tion of the said notice.
(4) Where any objec tion is preferred under sub section (3), the p rescr ibed author ity shall, afte r afford ing a reasonable opp ortunity of being hea rd to the objec tor, decide the objec tion and shall confirm or modify the dra ft Valua tion List .
4
(5) Subject to such modification as provided in 'th is Act, the d raf t Valuation List shall be final Valua tion List afte r t hir ty days of issue o f the notice under sub-section (3).
Returns . The prescribed author ity, in orde r to pre pare the V aluatio n List und er section 6 may, whenever it thinks fit. by notice requ ire any owner or occupier of urb an land or building to furn ish it, within fifteen days, with return of th e ren t or annual. value the reo f and such oth er info rma tion as it may re qu ir e; and the prescribed au tho rity, at any time between sunrise and sunset, may ente r, inspect and measure any such land or bu ild ing:
Provided that the prescribed au thor ity m ay, in respec t o f any partic ula r owner or occupie r and for reasons to be reco rded in writ ing, extend the date of furn ishing r eturns.
Principles of 8. (1) In determ inin g the annual value of urb an determ ining land s a nd buildings under section 6, the pres cribed vaJue*11113' authority shall follow such procedu re as may be prescribed and shall have rega rd to the following matter s, namely :—
(a) the locali ty in which the urban land and building is situated ;
(Z») the predominan t use to which the urb an land and building is pu t, that is to say, industr ial, commerc ial or residential ;
(c) accessibili ty or prox imity to market, dispen sary, hosp ital, railway sta tion , edu cat ional inst itut ion or Governmen t offices ;
(d) ava ilability of civic amenities like wa ter sup ply, drai nag e and ligh ting ; and
(g) such other m atte rs as may be prescribed.
, (2) The prescribed a uth or ity shall follow the same procedu re, as far as m ay be practic able, as is followed by a Mu nic ipa l Board or Tow n Com mit tee in de ter min ing the annual value of u rban lands and build ings.
Pen aitv for 9- Whoever refuses o r fails to furnish any ret urn non -submis-.under section 7, or knowingly furnish a false or incor - sion of rect ret urn or info rma tion , shall be liab le to a fine not ^ ‘u™h ?r f°r exceeding twen ty rupees and to a fur the r fine not false inlor- exceed ing five rupees for each day d uring which he mation. omits to furnish a true and corr ect return ; and whoever obstructs, hinders or prev ents I the prescr ibed au tho rity from ente ring or inspec ting or measuring i any such l and or bui lding shall be liab le to a fine no t exceeding two hundred rupees.
Agsessraenf. 10. Th e prescribed autho rity in the beg inning of each yea r on obtain ing the necessary information from the Municipal Board or Tow n Com mit tee or on complet ion of the final Valua tion List, shal l assess the am ount of tax due from the owner. In the event of failure of the owner to comply with the terms of notice under section 7, the assessment shal l be done by the prescribed autho rity to the best of its ju dg ment .
Power of Government to 1 educe or remit Urban Immovable Property Tax.