Address: South Delhi, Delhi |
2012-13 Property Tax Challan generated for property ID[protected]Munirka DDA Flat) as under:
Current year Tax: Rs. 2412
Total Rebate : Rs. 976 ( 30% of 2412 = Rs.723)+ Rs. 253 (lumpsum payment before 30th June)
Tax Payable : Rs. 1436 15% of Rs.[protected]
The software has not been programmed/updated accounting for "Helping Hand" announcement dated 23rd May,2004 ( Times of India, Delhi) according to which " the Tax increase is capped at 2.5 times the Tax under rateable value to avoid hardship to Senior citizens, and other economically weaker sections.”
Tax under rateable value was Rs. 400 prior to 2003-04 and thus tax increase under Unit area method shall be capped at Rs. 1000 and Tax payable under unit area method works out to Rs.400+ increase capped at Rs.1000 = Rs. 1400
Thus, Tax due is Rs. 1190 and not Rs. 1436 as per challan for payment before 30th June 2012.
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