House tax assessment committee meeting held, will issue 90000 No due certificates

0
434

Chandigarh, December 18,2020- A meeting of House Tax Assessment Committee, Municipal Corporation Chandigarh was held here today under the chairmanship of Sh. Charanjiv Singh and attended by other member councilors namely Smt. Sunita Dhawan, Sh. Ajay Dutta, Sh. Sachin Lohatiya, Sh. Anil Garg, Additional Commissioner and other concerned officers of MCC.

During the meeting the members discussed various issues related to Property Tax and decided that Municipal Corporation will issue 90000 No due certificates/clearance certificates to city residents as well as commercial tax payers till 31st January, 2021.

The agenda item regarding reviewing of self assessment scheme under residential, commercial, industrial and institutional lands and buildings was discussed during the meeting and the members of committee decided not to increase rateable value or tax rate keeping in view the COVID-19 pandemic and also because it has been increased last year.

Regarding waiving off the interest for the period from 22.11.2004 to 31.03.2006 in respect of temporary shed area in industrial area Phase-I & II, who have deposited tax under self assessment scheme by mentioning area of their proprieties less than the survey conducted by MCC, the committee members passed the agenda to waive off interest and penalty part only with condition to deposit the principal amount in the MCC and recommended it for consideration in the General House meeting.

The committee members discussed the agenda item regarding exemption of property tax in respect of charitable institutes and decided that charitable institutes will be considered for exemption which are registered under Charitable Endowment Act and are not doing any commercial activity and the institutional building has benefit of deduction under section 80 G of IT Act 1961.

LEAVE A REPLY

Please enter your comment!
Please enter your name here