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State of Punjab - Section

Section 7 in The Punjab Land Revenue (Special Assessments) Rules, 1958

7. Factors to be considered in calculating net letting value.

(1)In calculating the net letting value of a representative site, regard shall be had to the following factors :-
(a)the present annual rent of the site;
(b)the nature of the use to which the site has been put;
(c)the capital investment on buildings, machinery, or other structures on the site.
(2)The data required for the purposes referred to in sub-rule (1) may be collected in Forms I, III and VII.