Bmc tax on rental office premises
Mahesh Shah
(Querist) 07 January 2013
This query is : Resolved
Dear Sirs,
I have a ownership office premises in mumbai and has been given on Leave and License during 2006 till now. I was not paying any tax to BMC for the rent received by me. Now I have received a notice from BMC demanding a tax on rent with penalty which is equivalent to 50% of the total rent received by me. Am I liable to pay such tax? what could be the consequences if I avoid to pay the same? Is there any alternative available to me. A copy of Leave and License agreement has been lying with BMC.
Please reply.
Thanks.
Raj Kumar Makkad
(Expert) 07 January 2013
You are bound to pay and if you do not pay, the recovery shall be made out of your property and additionally you shall also have to face criminal case.
R.K Nanda
(Expert) 07 January 2013
BMC can recover amount from u and u cannot escape from this in any manner.