Rtc change of ownership
Rastogi
(Querist) 12 October 2014
This query is : Resolved
is there a time limit to apply for the correction in RTC,If it is wrongly transfer the ownership to other person.
We are were not communicated in this regard by notice. However, it is mentioned that no objection came with in specified time limit.
Anish Thakur 7018812737
(Expert) 12 October 2014
there is time limit for correction but you can file application for condonation of delay mentioning reason for it alongwith application for file correction.
Rastogi
(Querist) 13 October 2014
Thanks Anish, Can you tell me what is the time limit for the same?
ajay sethi
(Expert) 13 October 2014
please state detailed facts of your case
ABDUL RAZIQUE
(Expert) 13 October 2014
As per my knowledge RTC sec 4831 describe as follows:
4831. Incorrect entries on a roll may be corrected under this
article as follows:
(a) (1) Any error or omission not involving the exercise of
assessor value judgment may be corrected within four years after the
making of the assessment being corrected.
(2) Notwithstanding paragraph (1), the four-year limit shall not
apply to escape assessments caused by the assessee's failure to
report the information required by Article 2 (commencing with Section
441) of Chapter 3 of Part 2.
(b) Any error or omission not involving the exercise of assessor
value judgment that is discovered as a result of any audit may be
corrected within six months after the completion of the audit.
(c) Any error or omission involving the exercise of assessor value
judgment that arises solely from a failure to reflect a decline in
the taxable value of real property, floating homes subject to
taxation pursuant to Section 229, and manufactured homes subject to
taxation under Part 13 (commencing with Section 5800), as required by
paragraph (2) of subdivision (a) of Section 51 shall only be
corrected within one year after the making of the assessment that is
being corrected.
I hope your need is finish here.
T. Kalaiselvan, Advocate 
(Expert) 18 October 2014
Without proper details, it will be difficult to render proper opinion.
