Section 7 in The Bombay City (Inami and Special Tenures) Abolition Rules, 1972
7. Manner of rounding off assessment of individual plots.
- The actual assessment of individual plots under sub-section (5) of Section 8 at an amount equal to the product of the standard rate of assessment in rupees per square metre and the area of the plot in square metres, shall be rounded off to the nearest rupee in the following manner namely :-(i)if the assessment is less than a rupee, it shall be rounded off to one rupee;(ii)if the assessment is more than a rupee it shall be rounded off to the nearest rupee disregarding the amount of less than fifty paise, and regarding fifty paise and above as one rupee.
