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 :: list of goods taxed at 4% :: VAT Audit :: Central Excise rule to resale the machines to a new company :: cpt :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: VAT RATES :: due date for vat payment :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4%
General »
 Banks warn share tax hike threatens Paris' post-Brexit appeal
 PMC may decide on property tax rebate for IT firms this week
 I-T Dept is giving out certificates of appreciation. Have you received yours?
 Government works on ironing out benefits refund mechanism for exportersa
  Tax officials are using an IDS provision to question transactions beyond six-year-limit
 Tax-free bonds rally like midcap funds
 Senior citizens do not have to pay advance tax on salary and interest income
 GST: Audit commissioners to get adjudication powers
 Interest on NRE rupee account can be exempt from tax under FEMA
 Impact of GST on Real Estate Sector
 GST regime: Tax payers allowed to take option of third-party interfaces

Thane Municipal Corporation to make a strong case for new tax plan in HC
September, 11th 2012

Determined to go-ahead with its plans to assess property tax based on capital value of structures, the Thane Municipal Corporation is likely to make a strong pitch for reforms in the tax structure through a signed affidavit that is to be filed in the HC. TMC's legal department officials are said to be in the final stages of preparing the affidavit. The civic administration is will stick to its stands on revising the property tax structures when its lawyers will argue its case in the court shortly.

Municipal commissioner RA Rajeev had announced the reforms initiative in March and proposed to calculate tax on properties based on the prevailing ready reackoner rates, as against the rental rates. The civic chief had also proposed a citizen-friendly scheme wherein owners were to assess the tax on their properties based on various parameters. However, citizen activist opposed Rajeev's move and dragged the corporation to the HC seeking to maintain a status quo on the tax issue. Political parties too echoed support to the citizens campaign.

However, ignoring citizen's sentiment and the lack of political support for the new property tax regime, the civic administration will push for its case in the HC. It is time that people realize that just like they pay annual returns on their income, they should also for file for tax assessment on their property annually,'' a senior civic official said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

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