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: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: due date for vat payment :: VAT Audit :: VAT RATES :: form 3cd :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: empanelment :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4%
 
 
« Indirect Tax »
 GST may lead to better operating profit margin for multiplex operators
 Indirect taxes must equal direct taxes
  Income Tax dept issues notices to ‘farmers’ claiming suspect agricultural income
 GST would match or be lower than the multiple indirect taxes on real estate
 Tax incidence under GST lower than current indirect taxes
 Here's the complete list of pre-GST discounts being offered by companies
 Applicability of Explanation 2 to Section 132B of the I.T. Act, 1961- reg.
 Here’s all you need to know about TDS and why it is deducted
 New indirect tax regime
 Income tax rates, tax-free limit to stay unchanged
 Revised tax reform bill to benefit consumers

3700 defaulters availed Property Tax benefit scheme
September, 23rd 2013

Over 3,700 defaulters have availed benefit of property tax settlement scheme by the north corporation, offering immunity from penalty and waiver of interest, with the civic body having collected tax of Rs 10 crore so far, officials said.

The scheme, announced recently by the municipal body, will continue till November 30 this year.

"Property owners are showing a great interest in the scheme so far," chairman of the Property Tax Committee of North Delhi Municipal Corporation (NDMC) Rajesh Bhatia said.

"About 600 property owners have benefited from this scheme in ex-parte assessment under old rateable value system, 300 in rateable value already determined on merit, 2,500 in unit area method and 300 in discount cheque dispute category," Bhatia said.

There is a full rebate from interest and penalty on pending property tax, which will be reduced to 75 per cent till October 17, and 50 per cent till November 17, NDMC said.

"There are about 10 lakh properties in our jurisdiction in North Delhi and the number of defaulters availing the scheme is likely to rise further. Under the rateable value, we are giving October 31 as the last date to entertain request from defaulters," NDMC Public Relations Officer Yogendra Singh Mann told PTI.

Bhatia also appealed to defaulters to avail the benefit of the scheme and settle their property tax dispute cases as the date of this scheme is not likely to be extended. Besides, no such other scheme will be brought in future, he said.

Some complaints had been received from tax payers that tax through cash was not being accepted after 3 PM. For the benefit of tax payers, all the zonal offices have been directed to accept tax through cash up to 5 PM, he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

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