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: TDS :: form 3cd :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: cpt :: due date for vat payment :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: VAT RATES :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
News Headlines »
 Here's why you must always check Form 26AS before filing tax return
 Want to file your income tax return after June 30? Having Aadhaar card is a must
 Timeline for filing of tax returns extended by two months
 Top 5 common mistakes to avoid while filing your income tax returns
 GST rollout on July 1: Deadline for filing tax returns extended
 What is GST?
 Income-tax (15th Amendment) Rules, 2017?
 Banks get a breather as GST Council extends deadline for tax filing
 Income Tax filing: Your easy guide in 7 steps
 E-filing income tax return: How individuals can upload any ITR using excel utility
 Top 10 common mistakes to avoid when e-filing your income tax return

Delhi civic body attaches accounts of property tax defaulters
September, 07th 2015

The Assessment & Collection Department of the South corporation attached the bank accounts and properties of several defaulters over the past two weeks.

The property tax department of South Delhi Municipal Corporation has attached the bank accounts of the Sports Authority of India (SAI), Jamia Hamdard University, Radisson Blu hotel (Dwarka) and Acharya Narendra Dev College, among others, for failing to clear property tax dues.
The Assessment & Collection Department of the South corporation attached the bank accounts and properties of several defaulters over the past two weeks. Commissioner Puneet Goel said the department had given the defaulters every opportunity available under rules to clear the dues. The bank accounts and properties were attached as a last resort, he added.

DDA-thumbCivic bodies, DDA in legal tussle over Rs 400-cr tax duesIIT Kanpur faces heat over tax duesIIT Kanpur faces heat over tax duesMCD names 'n' shames tax defaultersAction plan to bring 10 lakh properties in tax netMumbai Police in tax defaulters? list,owe Rs 14 crore to BMCDDA-thumbCivic bodies, DDA in legal tussle over Rs 400-cr tax duesIIT Kanpur faces heat over tax duesIIT Kanpur faces heat over tax duesMCD names 'n' shames tax defaultersAction plan to bring 10 lakh properties in tax netMumbai Police in tax defaulters? list,owe Rs 14 crore to BMCDDA-thumbCivic bodies, DDA in legal tussle over Rs 400-cr tax duesIIT Kanpur faces heat over tax duesIIT Kanpur faces heat over tax duesMCD names 'n' shames tax defaultersAction plan to bring 10 lakh properties in tax netMumbai Police in tax defaulters? list,owe Rs 14 crore
On top of the list of defaulters is Raddison Blu Hotel in Dwarka with outstanding dues of Rs 440 crore. The department has attached all four bank accounts of the hotel. “Since sufficient balance was not available in these accounts, the property of the hotel has also been attached,” the commissioner said.

Officials in the Assessment & Collection Department said if the amount was not recovered soon, the process of auctioning the hotel to recover the dues would be initiated.
The SAI owes Rs 134.47 crore, Jamia Hamdard University Rs 14.89 crore and Acharya Narendra Dev College Rs 89.46 lakh, officials said.

“Under Section 119 of the Delhi Municipal Corporation Act, the properties of the Union, that is Central and state government departments are exempt from paying property tax, but in view of a decision of the Supreme Court, such properties are liable to pay service charge @75 <mailto:charge@75> per cent,” said Ram Mohan Singh, Assessor & Collector.

He said in many cases, it was seen that organisations or bodies — which were not government departments but were associated with the government as autonomous bodies and statutory corporations, etc. — were not paying property tax. He added that properties of such organisations which were “not purely departments under the government are liable to pay property tax”.

The South corporation said many such organisations were not paying property tax. “The Assessment & Collection Department has identified them and notices are being served for filing property tax return and paying correct tax,” said Singh.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

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