If, for any reason, the base unit area value of any vacant land,
or the base unit area value of any covered space of building, in any group in any ward has not been revised
on the completion of a period of three years from the date on which such base unit area values were last
determined, it shall be lawful to increase or decrease the base unit area values according to the changes in
the consumer price index of urban non -manual workers or such other suitable index as the Government
may determine till such revision is made by the Municipal Valuation Committee, and to realize the amount
of property tax for such covered space of building or vacant land on the basis of the revised base unit area
values.
Section 116J • THE DELHI MUNICIPAL CORPORATION ACT, 1957
Section 116J. Indexation of unit area value
delhi-municipal-corporation-act-1957-sec-116J.json
•
Section 116J
{
"act_title": "THE DELHI MUNICIPAL CORPORATION ACT, 1957",
"act_slug": "delhi-municipal-corporation-act-1957",
"section_label": "Section",
"section": {
"number": "116J",
"title": "Section 116J. Indexation of unit area value",
"chapter": null,
"content": "If, for any reason, the base unit area value of any vacant land,\nor the base unit area value of any covered space of building, in any group in any ward has not been revised\non the completion of a period of three years from the date on which such base unit area values were last\ndetermined, it shall be lawful to increase or decrease the base unit area values according to the changes in\nthe consumer price index of urban non -manual workers or such other suitable index as the Government\nmay determine till such revision is made by the Municipal Valuation Committee, and to realize the amount\nof property tax for such covered space of building or vacant land on the basis of the revised base unit area\nvalues.",
"footnote": "",
"is_definition": false,
"sort_order": 7971
},
"prev_section": "116I",
"next_section": "116K"
}