If the value of the and in any holding is altered because of its diversion from an agricultural purpose to a non-agricultural purpose or form a non-agriculture purpose the assessment shall be revised on the report of the land records staff to the Collector or the permanent Settlement Officer through the Tehsildar, who shall submit a plan along with the necessary details in the Khasra form. The Collector or the permanent Settlement Officer shall, thereupon-
(a) in the case of the land being diverted from an agricultural purpose to a nonagricultural purpose, revise the rent according to the soil classification of the land and the sanctioned rent rates shown in the land records, and
(b) in the case of the land being diverted from non-agricultural purpose to an agricultural purpose the, assessment shall be determined at the rate placed on similar soil with similar advantages in the assessment circle in which the holding is situate.