Section 123D. Power of Commissioner regarding assessment

123D. Power of Commissioner regarding assessment .—The Commissioner may, at any time— (a) make, suo motu, an assessment in any case where a return on the basis of self assessment has not been filed; (b) revise any assessment where the information furnished in the return of self assessment is found to be incorrect; (c) reopen any assessment even after the period of one year in any case where it has been detected that there is wilful suppression of information; and (d) impose a penalty not exceeding thirty per cent of the difference in tax arising from non-filing of a return in time, giving wrong information or wilful suppression of facts.] 1[124. Assessment list .—(1) 2[ 3[The Corporation] shall maintain a Municipal Assessment Book in such form, and in such manner, as may be specified in the bye-laws and shall make it available for inspection, free of charge, through electronic media or otherwise: Provided that the Municipal Assessment Book shall not be kept pending for any case for which any objection or appeal has been filed. (2) The Commissioner may, at any time, amend the Municipal Assessment Book for such reasons as may be specified in the bye-laws: Provided that no such amendment shall be made without giving any person affected a reasonable opportunity of being heard.] 1. Subs. by Delhi Act 6 of 2003, s. 13, for section 124 (w.e.f. 1-8-2003). 2. Subs. by Delhi Act 12 of 2011, s. 2 "the Corporation" (w.e.f. 13-1-2012). 3 . Subs. by Act 10 of 2022, s. 2, for " A Corporation" (w.e.f. 22-5-2022). 1[125. Assignment of property identification code .—(1) 2[ 3[The Corporation]] shall cause to be maintained a register wherein the property identification code numbers by which any premises or part thereof shall be known, shall be recorded in respect of each such premises in the municipal area and such numbers shall be fixed in such manner as may be specified in the bye-laws. (2) When the property identification code numbers in respect of premises in any ward of[4] [[5] [the Corporation]] have been determined, the Commissioner shall notify the same in such manner as may be prescribed in the bye-laws. (3) After the property identification code numbers in respect of premises in any ward have been notified under sub-section (2), any person required under this Act or any other law to make any application to[3] [[4] [the Corporation]] for permission, licence or for payment of any tax or for payment of any dues for any service and for such other purposes as may be prescribed, shall at the time of making such application mentioned in the application, the property identification code number determined under sub-section (1).] 126. [ Amendment of assessment list. ] Omitted by the Delhi Municipal Corporation (Amendment) Ac t, 2003 (6 of 2003), s .16 ( w.e.f . 1-8-2003).