The Municipal Company of Delhi (MCD) will quickly launch prosecution towards property tax evaders whose dues are above Rs 25 lakh, it stated in an announcement Saturday.
Citing the Municipal Act, the MCD stated the “onus to file self-assessment property tax returns lies solely on property house owners” and warned of “authorized motion towards property tax defaulters” and “prosecution towards them”.
Property tax dues exceeding Rs 25 lakh could end in a punishment of rigorous imprisonment from 3 months to 7 years with a wonderful of not lower than 50% of the quantity of tax evaded, the Municipal Act states. Property tax info for authorised, unauthorised regularised, unauthorised colonies, and residential properties bigger than 100 sqm in rural communities could be discovered on the MCD’s web site.
The MCD clarified that particulars of sure properties not discovered on the web site means these property house owners aren’t paying any tax; they’ll get their Distinctive Property Identification Code (UPIC) earlier than December 31 by means of the MCD’s e-portal, it stated.
Non-submission of right property tax dues will appeal to motion in accordance with the Municipal Act, the MCD stated.