SAS Property Tax: Order for payment of difference amount, interest

 Wrong entry in zonal classification in SELF ASSESSMENT SCHEME (SAS) property tax system

 SAS Property Tax: Order for payment of difference amount, interest

Kere Manjunath ಕೆರೆ ಮಂಜುನಾಥ್

 BENGALURU: The government has ordered that property owners who have wrongly declared the zonal classification under SELF ASSESSMENT SCHEME (SAS) property tax system under BBMP will have to pay the difference amount and interest only.

 Property owners make mistakes while choosing zones in SELF ASSESSMENT SCHEME (SAS) property tax regime. This mistake was not informed by BBMP to the owner in time. Thus, double property tax money cannot be collected from the taxpayer. The BBMP has been informed that the bank may charge the difference amount and interest rate on the same.

 SELF ASSESSMENT SCHEME (SAS) property tax system has been in force since 2016-17 under BBMP. Then those who entered the zone wrongly should have been identified in 2017-18 itself and given a notice. However, the notice has been issued in August 2021. Thus, it clarified that double tax cannot be collected as penalty. Also, the revenue authorities have been strictly directed to improve the tax validation verification.

 If the zone classification details are wrongly entered in the property tax software and computerized, such notices should be cancelled. In cases where the excess amount has already been paid, it is ordered that the amount should be adjusted against the upcoming lines.

 The cabinet meeting held on January 5, 2022 has decided that if there is any loss to BBMP due to this order, the government will not bear it. Accordingly, the Urban Development Department has issued an order on September 13, 2023.

78 thousand notices!

 Zonal classification was wrongly entered in 78,254 properties in SELF ASSESSMENT SCHEME (SAS) property tax. Therefore, BBMP had prepared notices in 2021 that double the amount of the difference should be paid as penalty and interest as per the law. Out of this, 11,725 notices were issued. Taxpayers responded to 7,891 notices and paid property tax of ₹13.33 crore.

 The tax amount of 78,524 properties is ₹120 crore, for which the BBMP had prepared a notice to collect a total of ₹361 crore with a penalty of ₹240 crore.

 7,891 notices were issued, property tax of ₹3.54 crore, fine of ₹7.08 crore, interest of ₹2.69 crore and cess of ₹13.33 crore were collected. It was estimated on June 31, 2021 that a total of ₹440 crore would be collected from the remaining 70,633 properties. In addition to all this, the proposal of double penalty and interest was submitted by the Chief Commissioner of BBMP to the government.

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