The Self-Assessment will be issued subject to the following conditions:
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The Self-Assessment will be verified as per the Section 94 (2) of the Telangana Municipalities Act, 2019 and action will be initiated under
Section 94 (3) of the Telangana Municipalities Act, 2019, if in case, any variation is found during the verification.
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If in case of false declaration, the applicant is personally held responsible as per the Section 94(1) of the Telangana Municipalities
Act, 2019.
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The applicant or owner is personally held responsible and accountable in case of false or incorrect self-declaration if any found and shall be
liable for penal action as per the provisions under the Section 94(3) of Telangana Municipalities Act, 2019.
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On identification of wrong declaration, the Commissioner shall correct the assessment and levy and collect the actual tax, along with
one-time penalty of 25 times on corrected yearly Tax and initiate penal action under Section 94(3) of the Telangana Municipalities
Act, 2019.
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Any Self-Assessment, if made on wrong declaration or on the basis of baseless documents, the same will be cancelled and the
penal action will be initiated under Section 94(3) of the Telangana Municipalities Act, 2019.