South corp attaches bank accounts of 114 tax defaulters | delhi | Hindustan Times
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South corp attaches bank accounts of 114 tax defaulters

Taking a strong stand against property tax defaulters, the south corporation has attached the bank accounts of 114 properties, Hamari Jamatia reports.

delhi Updated: Sep 04, 2012 00:26 IST
Hamari Jamatia

Taking a strong stand against property tax defaulters, the south corporation has attached the bank accounts of 114 properties.

People and organisations with the highest amount of pending payments have been targeted.

Most of them had not paid taxes for years despite repeated warnings, said a source.

An official said the total due of all attached properties is to the tune of Rs 10 crore.

If the taxes are not paid even then, the corporation will auction the properties.

The highest number of these properties - 60 - lie in the Central Zone, followed by South and Nazafgarh zones with 29 and 25 properties respectively.

According to officials, Omaxe Square of the developer Omaxe Limited owes the corporation Rs 95 lakh and is one of the biggest defaulters and one of the company's accounts has been attached.

However, an Omaxe spokesperson said, "The property in question, Omaxe Square in Jasola, is a sold-out property. We will comply according to the regulations of the authority."

Property tax is the main source of income for municipal bodies.

Though there are nearly 40 lakh properties in the Capital, the three municipal corporations collectively receive taxes from only 10.6 lakh. In 2011, the unified MCD had planned to auction properties to generate more taxes but the process got delayed due to the trifurcation.

"Attaching bank accounts will also make other defaulters pay their taxes too. The corporation is also trying to identify more such properties," said a senior official of the corporation.