Section 4(2) in Delhi Motor Vehicles Taxation Act, 1962
(2)the tax to which a registered owner or person having possession or, control of a motor vehicle appears by such declaration to be liable under section 3 shall be paid by him-(a)where such vehicle is described in Part A of Schedule I-(i)for a year at the rate specified in the corresponding entry in column (2) thereof (hereinafter refer to as the annual rate); or(ii)for one or more quarters, at one-fourth of the annual rate for each quarter; or for any period less than a quarter expiring on the last day of the quarter, at one-twelfth of the annual rate for each complete month or part thereof included in such period; or(b)[ where such vehicle is described in part B of Schedule I, a one time tax at the amount specified in the corresponding entry in column (2) in the said part or, as the case may be, the amount specified in sub clause (ii) of clause (b) of sub section (1) of section 3.] [Substituted vide The Delhi Motor Vehicles Taxation (Amendment) Act, 2004.]
