(1) Notwithstanding anything contained in the Act or any other law for the time being in force, rate of property tax of any building or land, shall be determined as per the resolution of the Agency adopted in this behalf on the basis of per square meter of the built up area of a building or land, as the case may be, taking into consideration the purpose for which it is used, its capacity for profitable user, quality of construction of the buildings and other relevant factors and subject to such directions as may be made by the State Government in this behalf.
(2) The CEO shall prepare the draft resolution under sub-rule (1) for the next financial year and submit before the agency before 31st December of each financial year. In case the agency fails to adopt the resolution as required by sub-rule (1) by 31st March of each financial year then the draft resolution prepared by the CEO shall be deemed to be the resolution finally adopted by the agency;
Provided that if the agency does not approve the draft resolution prepared by the CEO by .. 30th April of the current financial year, then the draft resolution as prepared by the CEO shall be deemed to be the resolution finally adopted by the agency.
(3) On the basis of the resolution adopted by the agency under sub-rule
(1), every owner of land or building shall assess the annual property tax and other taxes of his land or building and deposit the amount of property tax along with a return in this behalf, in the prescribed form, on or before the date fixed by the agency failing which a interest in the form of surcharge at the rate, of 12% per year, shall be charged.
(4) The land attached to the building (Marginal Open Space) shall be exempted for the purpose of calculation of property tax. For the S.No.
1.
1.
2.
3.
ll~ ~, ~ 14 l=ffi:f 2016 222 (261) first three years after coming of these rules into force, the property tax for the building/ land shall be as below:- (Rates in Rs. Per Sqmt.)
Category Construction Construction Other Open in Building in Building Constructions land having wall having roof in semi pucca made of made of or kuchha RCC/ RBC/ sheets of buildings not Brick cement/ falling within masonry iron/ tiles the category /Stone of col. 3 and masonry 4.
2. 3. 4 .. 5. 6.
Residential 100 75 40 30 Non- 150 100 70 50 residential ( commercial, public, semipublic, private hospitals/ educational institutions etc.)
Industrial 30 20 10 30 After three years the agency shall adopt a resolution in each financial year for determination of the rates of property tax and may also fix separate criteria from the criteria prescribed in the above table.
( 5) The variation up to ten per cent on either side in the assessment made under sub-rule (3) shall be ignored. In case where the variation is more than ten percent, the owner of land or building, as the case may be, shall be liable to pay penalty equal to five times the difference of self assessment made by him and the assessment made by the CEO.
( 6) An appeal shall lie to the Appellate Authority against the orders passed under sub-rule ( 4),(5).
222 (262) i:J~ ~, ~ 14 1=ifcf 2016
132. Requisition of name of owner,- The CEO may, by written notice, require the occupier of any land or building to furnish him within fifteen days with the name and address of the owner of such land or building.
133. Treatment of property which is let to two or more persons in separate occupancies- When any building or land is let to two or more persons holding in severally, the Assessing authority may, for the purpose of assessment or revision the assessment list or amending a current assessment list for such building or land to the property taxes, either treat the whole thereof as one property, or, with the written consent of the owner of such building or land, treat each several holding therein or any two or more of such several holdings together, or each floor or flat, as a separate property and a building or land so treated as a single property shall, for the purposes of property tax, be deemed to be a single tenement.