Section 116H of The Delhi Municipal Corporation Act, 1957 in hindi
1[116H. One-time taxic.--Notwithstanding anything contained in this Act, in those cases where the owner has already paid one-time tax under some scheme in the past, the extent of the rate able value on the basis of which the one-time tax was paid shall be set off against the annual value calculated under the provisions of the Delhi Municipal Corporation (Amendment) Act, 2003 and the tax liability shall be worked out on the basis of net annual value.
Summary
- This section provides a tax credit for property owners who previously paid a one-time property tax under an older scheme.
- The rateable value used to calculate that past one-time tax is subtracted from the new annual value calculated under the 2003 rules.
- The final property tax liability is then determined using this resulting net annual value.
Practical examples
FAQ
1. Under Section 116H of The Delhi Municipal Corporation Act, 1957, do I lose the money if I paid a one-time tax in the past?
No, Section 116H of the Act provides a set-off so the rateable value from your previous one-time tax payment reduces your new annual value.
2. How is the tax liability calculated under Section 116H of the Delhi municipal law?
Under Section 116H of the Delhi municipal law, the liability is worked out on the basis of the net annual value after setting off the old rateable value.
3. Does Section 116H of the 1957 Act apply to all property owners?
Section 116H of the 1957 Act applies specifically to those cases where the owner has already paid a one-time tax under some past scheme.
Test yourself
Q1.Under Section 116H of The Delhi Municipal Corporation Act, 1957, what is set off against the annual value calculated under the 2003 amendment?
Q2.Under Section 116H of the Delhi Municipal Act, what forms the basis of the final tax liability after the set-off?
Q3.Who benefits from Section 116H of The Delhi Municipal Corporation Act, 1957?
Q4.Under Section 116H of the Delhi municipal law, which amendment determines the calculation of the new annual value from which the set-off is subtracted?