Where the increase in value of any land is as a result of the execution of a development or improvement scheme made at the request of a local authority and for which the local authority has placed at the disposal of the Board necessary funds, the betterment tax collected by the Board from the person concerned shall, after deducting ten percent thereof as collection charges, be credited by the Board to the local authority.
Section 25: Crediting betterment tax collected to the funds of the local authority in certain cases
The Karnataka Improvement Boards Act, 1976.State Act of Karnataka · Act 11 of 1976
Where this provision sits
| Act | The Karnataka Improvement Boards Act, 1976. |
|---|---|
| Section | 25 |
| Marginal note | Crediting betterment tax collected to the funds of the local authority in certain cases |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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