Property tax
This query is : Resolved
17 February 2013
IF I M OWNING A SELF OCCUPIED HOUSE PROPERTY BUT HAVE NOT PAID PROPERTY TAX ON IT . WHAT ARE THE TAX IMPLICATION N AT WHAT RATE TAX IS CALCULATED?
17 February 2013
You have to pay the property taxes. In case of delay you have to pay with interest plus penalty.The Municipal Corporation has power to attach the property, also.
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In compare to the above incidences, in IT there is no such implication. In case of self occupied whether you make payment or do not, incidences are tax neutral.
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In compare to the above incidences, in IT there is no such implication. In case of self occupied whether you make payment or do not, incidences are tax neutral.
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