1[207-B. (1) For the purposes of annual rental value, the owner or the occupier of every house or land shall submit a property return upto a date as may be prescribed. (2) Any person failing to submit the return referred to in subsection (1) without proper reasons shall be liable to pay penalty as may be prescribed. (3) The penalty referred to in sub-section (2) may be compounded by the Municipal Commissioner. ]
<span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><b><sup>1</sup>[207-B.</b> (1) For the purposes of annual rental value, the owner or the occupier of every house or land shall submit a property return upto a date as may be prescribed.<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(2) Any person failing to submit the return referred to in subsection (1) without proper reasons shall be liable to pay penalty as may be prescribed.<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(3) The penalty referred to in sub-section (2) may be compounded by the Municipal Commissioner. ]<br>