MCD Recovers Crores: West Delhi Hotel Clears Tax Dues
The Municipal Corporation of Delhi recovered Rs 11.69 crore in overdue property tax from a hotel in West Delhi's Paschim Vihar. The hotel owner took advantage of the tax amnesty scheme to clear dues. The deadline for this scheme, which waives interest and penalties before 2020-21, is February 28.
- Country:
- India
The Municipal Corporation of Delhi (MCD) has successfully reclaimed Rs 11.69 crore in outstanding property tax from a firm that owns a private hotel in West Delhi's Paschim Vihar. The hotel, embroiled in liquidation proceedings, had previously defaulted on its tax payments, prompting the MCD to take decisive action.
Authorities issued a formal demand notice to the firm, which subsequently leveraged the Sumpattikar Niptaan Yojana (SUNIYO) property tax amnesty scheme to settle its dues. This scheme encourages delinquent payers by offering a complete waiver of interest and penalties for periods prior to the 2020-21 fiscal year.
The civic body emphasized its commitment to strict tax regulation enforcement and has extended the deadline for the amnesty scheme till February 28. MCD is urging property owners to capitalize on this deadline to resolve outstanding tax obligations.
- READ MORE ON:
- MCD
- Delhi
- property tax
- amnesty scheme
- Paschim Vihar
- hotel
- liquidation
- SUNIYO
- deadline
- fines
ALSO READ
Swiss Financial Regulator Enforces Liquidation of MBaer Merchant Bank
Swiss Regulator Orders MBaer Merchant Bank Liquidation Amid U.S. Sanction Breaches
Luxury Amid Sanctions: The Unyielding Allure of St. Petersburg's Grand Hotel Europe
Tragic Hotel Incident: Heart Attack Claims Life Amid Drug OD Suspicions
Elaborate Hotel Fraud: Man Stays 5 Months Without Payment

