section 120
Description of property tax
The Madurai City Municipal Corporation Act, 1971Infrastructure1971468 of 491 sections available15 chapters
Chapter V TAXATION
Statutory text
- (1) If the council by resolution determines that a property tax for general purposes shall be levied, such tax shall be levied on all buildings and lands within the City save those exempted by or under this Act or any other law.
- (2) Save as otherwise provided in this Act, the property tax shall be levied at such percentage of the annual value of buildings, or lands which are occupied by and adjacent and appurtenant to buildings or lands, as may be fixed by the council, subject to the provisions of section 116:
Study data processing for this section.
Some statutory text is still being prepared for this language version.
PDF: pending for this language.