Section 74(4) in The New Delhi Municipal Council Act, 1994
(4)Every person who makes a transfer as aforesaid without giving such notice to the Chairperson shall, in addition to any penalty to which he may be subjected under the provisions of this Act, continue to be liable for the payment of property tax from time to time payable in respect of the land or building transferred until he gives such notice or until the transfer has been recorded in the Chairperson' s book, but nothing in this section shall be held to affect the liability of the transferee for the payment of the said tax.
