Real Estate Forum on Property Tax in Chennai

Latest Answer: Cheque or demand draft shall be drawn in favour of The Revenue Officer, Corporation of Chennai and make the payment through any of the following method- Tax collectors Authorised banks (cash is also acceptable) i.e., Indian Overseas bank, City Union bank, Karur Vysya bank, HDFC, IDBI, Canara bank, Tamilnadu Mercantile bank, Kotak Mahindra bank, Lakshmi Vilas bank, Yes bank and Indusland bank.

Latest Answer: vptax.tnrd.tn.gov.in

Latest Answer: Hello Muniraj, Yes, a tenant has to pay service tax as it is declared service. However, there are certain exemptions and condition for it. Tenant need not to pay service tax when the residence is used for residing but in case for commercial activity the same is covered However, he or she is not liable to pay service tax unless it exceeds threshold limit of service tax which is 10 Lakhs. Renting of vacant land is not taxable Renting of property to educational institution and RBI is also exempted.

Latest Answer: Also, remember that here, the market value of the property refers to the guideline value that is the decided by the government. This value depends on the zone where the said property exists.

Latest Answer: You can pay property tax online here http://www.chennaicorporation.gov.in/online-civic-services/editPropertytaxpayment.do?do=getCombo

Latest Answer: Hi Rajneesh, You can pay your property tax online. All you have to do is to check this link and fill the required information. Link: http://www.chennaicorporation.gov.in/online-civic-services/editPropertytaxpayment.do?do=getNewCombo

Latest Answer: Recently I have gone through an article about TDS, I am sharing the link with you. Hope the article will help you to some extent http://www.quikr.com/homes/blog/tds-all-you-need-to-know-about-it+279

Latest Answer: You can call on this toll free number (1800) (180) (180) (180) Or List your property for sale at List property for sale to find right buyer

Latest Answer: What about for Sithalapakkam which is after Medavakkam It does not come under corporation

Latest Answer: The assessment base is the yearly rental quality (ARV) or range based rating. Manager possessed and different properties not creating rent are evaluated on expense and after that changed over into ARV by applying a rate of expense, for the most part six percent. Empty area is by and large excluded. Focal government properties are excluded. Rather an 'administration charge' is passable under official request. Properties of remote missions likewise appreciate charge exclusion without a request for correspondence. The duty is generally joined by various administration charges, e.g., water charge, waste assessment, conservancy (sanitation) expense, lighting duty, all utilizing the same expense base. The rate structure is level on rustic (panchayat) properties, yet in the urban (city) zones it is gently dynamic with around 80% of evaluations falling in the initial two chunks