Top schools served notices for not paying property tax
Tightening its noose over educational institutes for not paying property tax, the municipal corporation authorities have sent notices to renowned schools, including Yadvindra Public School (YPS) and Lady Fatima School, to immediately pay tax arrears.punjab Updated: Nov 19, 2014 20:42 IST
Tightening its noose over educational institutes for not paying property tax, the municipal corporation authorities have sent notices to renowned schools, including Yadvindra Public School (YPS) and Lady Fatima School, to immediately pay tax arrears.
Joint commissioner Nazar Singh said notices have been issued under Section 112 of the property tax Act, which clearly asks defaulters to make payments after self-assessment to avoid any further action.
Singh said that though they are yet to get any response from the YPS management, Lady Fatima school authorities have informed that they would make payment of nearly Rs 6 lakh in the coming days.
"Earlier, the YPS management had informed the civic body that their institution was exempted from property tax since the school was run on donations," he said.
"However, as per the new notification, only government educational institutions are exempted, while private institutions will get 50% discount on the tax," Singh added.
Singh added due to high fee structure and high-class facilities, the school can't be exempted from tax.
"We have directed two of our building inspectors to personally assess the property tax of the school after carrying out physical verification of the school premises. Moreover, the school has also failed to clear its pending arrears of house tax," he said.
Two other schools Modern Public School and St Peter school made payments of Rs 13 lakh and Rs 4.9 lakh to the civic body on Wednesday.