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Tenant's Tax
A Council levies a tenant's
tax on every tenant of immovable property situate within its
boundaries and used for commercial, industrial, professional
purposes and activities other than private residential purpose.
| MONTHLY RENT |
RATE PERCENT
PER ANNUM
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| Monthly rent amounting to Rs 100 and above and payable by tenants. |
10 |
| a. |
The owner of the property shall within
7 days after the property has been let, send to the Council
a return showing the name of the tenant and the amount
of the rent; |
| b. |
The tenant or occupier of the property
shall within 7 days after renting or occupying the property,
send to the Council a return showing the name and address
of the owner of the property, the situation of the property
and the amount of the rent paid by him. |
| c. |
The owner and the tenant or occupier of
the property shall within 7 days after the tenant or occupier
has vacated the property, inform the Council in writing
of the fact; |
| d. |
The owner and the tenant or occupier of
the property shall notify the Council of any increase
or reduction in rent within 7 days after the increase
or reduction takes effect. |
| e. |
Any tenant tax levied in respect of any year shall become due as from each year and may be paid in two equal instalments, the first on or before 15 January and the second on or before 15 July. Where any tenant tax is not paid within the appropriate periods prescribed in the regulations: |
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(i) a surcharge of 10 percent is made on the amount of the tenant tax due and payable.
(ii) the council, within one year of the date on which the tenant tax becomes due take appropriate measures for the recovery of the tax. |
Non payment of relevant fees
for classified trades is an offence and contravenants shall,
on conviction, be liable to a fine not exceeding Rs 50,000/-.
In addition, the Court may order the closing down of the premises
in which the economic activity is being carried on.
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