19BB. Special tax treatment in respect of investment in land property.-

1[19BB.] Special tax treatment in respect of investment in land property.-

Notwithstanding anything contained in this Ordinance or any other law for the time being in force, no question as to the source of any sum invested by any person in purchasing of any land 2[situated in city corporation or pourashava or cantonment board] shall be raised if the assessee pays, before the assessment is completed for the relevant assessment year, tax at the rate of  3[seven and half per cent] of the deed value of the said land.]

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1 Section 19BB inserted by F.A. 2002 and subsequently omitted by F.O. 2007

2 Omitted by F.A 2006

3 Subs. for "five percent" by F. A. 2006

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