(1) Notwithstanding anything contained in this Act, as amended by the Jan Vishwas (Amendment of Provisions) Act, 2026, a tax on vacant land or covered space of building or both, levied under this Act immediately before the commencement of the Jan Vishwas (Amendment of Provisions) Act, 2026, shall, on the commencement of the Jan Vishwas (Amendment of Provisions) Act, 2026, be deemed to be the tax on such vacant land or covered space of building or both, levied under this Act as amended by the Jan Vishwas (Amendment of Provisions) Act, 2026, and shall continue to be in force until such tax is revised in accordance with the provisions of this Act, as amended by the Jan Vishwas (Amendment of Provisions) Act, 2026.
(2) Notwithstanding anything contained in sub-section (1), where assessment has not been finalised in respect of a vacant land or covered space of a building or both, on the date of the commencement of the Jan Vishwas (Amendment of Provisions) Act, 2026, the assessee may have such land or building or both, as the case may be, assessed on the basis of the annual value.
(3) Notwithstanding anything contained in this Act or any other law for the time being in force, or in any judgment, any assessee, from whom tax dues are pending at the time of the commencement of the Jan Vishwas (Amendment of Provisions) Act, 2026 may seek assessment on the basis of annual value for the period to which the dues pertain to:
Provided that the benefit of any such scheme shall only be applicable to those assessees who apply to be so assessed within a period of six months of the declaration of final classification of areas and base unit area values of the property:
Provided further that the assessee shall have to pay the dues as assessed under this Act as amended by the Jan Vishwas (Amendment of Provisions) Act, 2026, within a period of one year of the demand notice being served on him.