(1) After receiving the details of the immovable property of a taxpayer in accordance with rule 3, the tax officer shall prepare the assessment schedule (g) of such immovable property according to the valuation list published by the Government of Nepal in accordance with sub-rule (3) of rule 5.

However, when evaluating any real estate that has been purchased and sold after the registration has been passed, if the value of the registered value is higher than the valuation value as per sub-rule (1), then the value of the value of the registered value shall be maintained.< /p>

(2) When assessing the foreign investment, the property tax officer shall, if necessary, verify the market price and rental rate (rental value) submitted by the taxpayer with the relevant country and based on that, the property tax officer shall assess such foreign investment as per schedule (h).

(3) After evaluating any real estate in accordance with sub-rule (1) or any foreign investment in accordance with sub-rule (2), the property tax officer shall determine the property tax rate according to the same assessment. In the property tax assessment order, how the property tax has been determined should be given a clear description in brief.