BBMP chases commercial property tax defaulters

Bengaluru: Faced with a funds crunch, the BBMP has launched a drive against alleged tax defaulters. After a special survey, it has identified 10 commercial properties that have to pay a total of Rs 231 crore in property tax dues.

The defaulters are Leela Palace and Bagmane Tech Park in the East zone; the Accenture building and Golden Hills Square in the Bommmanahalli zone; Nitte Meenakshi College and Federal Mogul in Yelahanka; GE India in Whitefield and Chaitanya Properties in Mahadevapura; and Orion Mall Salarpuria in south Bengaluru.

The BBMP’s revenue department undertook the survey between February and April in six zones of the city.

“The owners have declared less than the actual built -up property in the Self-Assessment Scheme (SAS) online, and paid less tax. But when we did the survey of the total built-up area, we found huge gaps,” the BBMP said on Saturday.

“When Manyata Tech Park owners appealed to the high court, five commercial property owners who had defaulted went to court seeking relief. But the high court’s decision in our favour empowered us. Henceforth, we will undertake such surveys throughout the year. These 10 names are reputable commercial setups but have defaulted payment in the last financial year,” it said. When we resurveyed, we found parking areas and ramps built in parking zones were not declared in the SAS, though it’s part of the total built-up area. We calculated the penalty and interest over the outstanding sum and reached these figures,” the BBMP said.

The BBMP has already collected Rs 1,037 crore through property tax and aims to mop up Rs 200 crore by June 30, the last day to pay up for the current financial year. It has set a target of Rs 1,500 crore from property tax.

Credits Prameya News

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