Additional rebate on property tax

By Our Staff Reporter

NEW DELHI, FEB. 12

The Municipal Corporation of Delhi (MCD) has announced an additional rebate of 20 per cent on payment of property tax for residential properties built on plots measuring up to 32 sq metres. This will be in addition to the rebate already given. This decision has been taken to provide relief to the weaker sections.

In a statement here today, the Municipal Commissioner, Mr. S.P.Aggarwal, appealed to tax payers to avail of this Special Incentive Scheme, allowing 20 per cent outright rebate, on clearance of arrears as well as on current demand. He has also directed the assessing authorities to waive the penalties levied for non-payment of taxes up to February 28. Mr. Aggarwal added that the scheme envisages other attraction also, like the proposed 24 per cent penal interest per annum on outstanding dues. Thus, the tax payers will get the benefit of waiver of 20 per cent penalty, plus 24 per cent proposed penal interest and 20 per cent special rebate.

Mr. Aggarwal has advised tax payers, who have not cleared their arrears and current dues, to avail of the one-time golden opportunity. Failing this the MCD will attach properties and bank accounts of defaulters to realise tax arrears. So far, the civic body has attached more than 4,000 properties and bank accounts in the current drive against defaulters.

Mr. Aggarwal clarified that any arrears demand regardless of the year will be eligible for 20 per cent special rebate on payments made under the scheme. Any demand for the current year which could not be cleared for any reason will also be eligible for the 20 per cent rebate, provided there are no arrears, or if any, are also cleared with the current demand.

Regarding disputed demand on account of ex-parte order or remanded case by any court, the tax payer can file an application along with the documents for rectification of assessment with the Assessing Officer concerned, upto February 17. The tax payer will have to make the payment of at least 20 per cent of outstanding demand as on the date of the application and is required to attach proof of such payment along with the application. On receipt of application, the Assessing Officer will issue a call letter immediately and dispose of the application within 10 days. The rectified demand will be communicated immediately to the tax payer to allow him an opportunity to make the payment before February 28. The total payment so made -- the initial payment at the time of submitting the application and the payments made subsequent to the rectification order -- shall be eligible for 20 per cent rebate. In case the application could not be decided within the stipulated time, the initial payment made by the applicant will be eligible for 20 per cent rebate. The rebate will be made in the form of extra credit to be made to the account of the taxpayer.

Further, any arrears and current demand created on finalisation of pending assessment during the current year, shall be eligible for 20 per cent rebate if payment is made under the scheme, Mr. Aggarwal said. Taxpayers desirous of early disposal of pending assessment on account of new construction/re-construction, additions-alterations, change in hand and change in rental income can also avail of the scheme by filing an application along with relevant documents. Any penalty levied for non-payment of property tax dues (other than penalty on dishonoured cheques) will also be waived.

Send this article to Friends by E-Mail

Section  : Other States
Previous : Marathi actress dies in accident
Next     : Task force for smoother traffic