PROPERTY TAX URGENT QUERY


This query is : Resolved 

Quick Summary
A client has paid property tax up to FY 2018-19 but is finding that previous years' dues aren't appearing on the challan for FY 2024-25. They are also seeing a tax payable amount for FY 2018-19, which has already been paid. The discussion suggests the system might be under renovation and that separate challans may be required for each year's dues. Additionally, for a property sale scheduled for September 2024, the client is advised that they are still liable for FY 24-25 tax, although they can negotiate with the buyer for partial compensation.

28 June 2024 MY CLIENT HAS PAID PROPERTY TAX TILL FY 2018-19...NOW WHILE FILLING CHALLAN FOR FY2024-25 PREVIOUS YEAR DUES ARE NOT SHOWN...WHETHER FOR EACH YEAR SEPARATE CHALLAN IS TO BE FILLED?
AND SURPRISINGLY FOR FY 2018-19 ITSELF TAX PAYABLE IS SHOWN IN THE CHALLAN WHILE IT HAS ALREADY BEEN PAID..

28 June 2024 You may pay only the present year's due. System seems to be under renovation. Earlier years dues may be demanded later on.

28 June 2024 yes...because till date previous year dues was shown in current year challan....but it is not shown as of now...

28 June 2024 one more query property is under sale and deal will be registered in sep 2024...even then client is supposed to pay FY 24-25tax?

28 June 2024 Yes, at most seller can ask purchaser to compensate for half of the tax paid.

29 August 2024 Good Luck.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query