Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: VAT RATES :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: VAT Audit :: due date for vat payment :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS
 
 
General »
 While filing tax in India, NRIs do not have to report overseas assets
  Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
 SH. VISHWA NATH GUPTA Vs. PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL, KANPUR AND ANR.
 No tax scrutiny of big transaction if it matches income
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
  Home loan tax reliefs often missed by taxpayers
 Income tax department launches online facility for linking Aadhaar and PAN
 Home loan tax reliefs often missed by taxpayers
 Tax headache in India is a bonanza for global accounting firms
 Activities To Be Treated As Supply Even If Made Without Consideration Under CGST ACT
  Haryana Goods and Services Tax Bill passed

Property tax rebate for ex-servicemen
April, 08th 2013

The Bruhat Bangalore Mahanagara Palike (BBMP) has finally extended the 50 per cent rebate in property tax to ex-servicemen residing in the city, albeit a year after the State government issued a gazette notification.

Though the gazette notification was issued on April 24, 2012, granting 50 per cent rebate to ex-servicemen in property tax to be paid to the urban local bodies, the BBMP had not implemented it. Several ex-servicemen, who sought the rebate at the help centres while paying their property tax, were disappointed to be turned away.

According to information available from the Department of Sainik Welfare and Resettlement, as on December 31, 2012, there were 35,549 ex-servicemen, including 7,537 widows, in the city eligible for the 50 per cent rebate. With the notification not being implemented, none of them were able to avail the rebate on property tax.

Air Marshal (retd.) B.U. Chengappa, who is the president of the Airforce Association, Karnataka branch, told The Hindu that the staff at the various help centres seemed unaware of the gazette notification. “The association received complaints. When we contacted the staff members, they claimed that they had not received any order from the BBMP directing them to implement the gazette notification and offer 50 per cent rebate. Left with no option, most ex-servicemen paid the full property tax,” he said.

Major General (retd.) H.C. Nanjappa said that the ex-servicemen were turned away by the BBMP staff at the tax collection centres last year. He said that the gazette notification was implemented in Belgaum, but not in Bangalore. “With the BBMP not issuing executive orders directing the staff to offer the rebate, the ex-servicemen were forced to pay the full property tax,” he said.

When contacted, I. Ramakanth, BBMP’s Deputy Commissioner (Revenue), said that the 50 per cent rebate was being offered this fiscal (2013-14).

He said that though the gazette notification was issued in April 2012, the notice reached the BBMP only in July/August. “By then, a number of ex-servicemen had paid their taxes. That apart, we cannot introduce something in the middle of the financial year,” he said.

He said that the ex-servicemen could avail the rebate for one residential property by filling out the prescribed form and submitting the requisite documents at the BBMP’s help centres. “They can avail 50 per cent rebate for the tax paid last year. The excess amount will be adjusted with the tax due this fiscal,” he added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions