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	<title>Property News India and Featured Real Estate Stories &#187; Tax department</title>
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	<link>https://groups.commonfloor.com/news</link>
	<description>Property News India and Featured Real Estate Stories</description>
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		<title>Tax department wants realtors to reverse transition credit</title>
		<link>https://groups.commonfloor.com/news/tax-department-wants-realtors-to-reverse-transition-credit-78606</link>
		<comments>https://groups.commonfloor.com/news/tax-department-wants-realtors-to-reverse-transition-credit-78606#comments</comments>
		<pubDate>Thu, 21 Nov 2019 07:23:03 +0000</pubDate>
		<dc:creator>supriya</dc:creator>
				<category><![CDATA[Civic Issues]]></category>
		<category><![CDATA[Commercial Real estate]]></category>
		<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Land Acquisition]]></category>
		<category><![CDATA[Municipality]]></category>
		<category><![CDATA[New Launches]]></category>
		<category><![CDATA[Projects]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[Reviews]]></category>
		<category><![CDATA[indian real estate news]]></category>
		<category><![CDATA[Indian real estate sector]]></category>
		<category><![CDATA[Real estate in India]]></category>
		<category><![CDATA[Real Estate news]]></category>
		<category><![CDATA[real estate updates]]></category>
		<category><![CDATA[Tax department]]></category>
		<category><![CDATA[transaction credit]]></category>

		<guid isPermaLink="false">https://www.commonfloor.com/news/?p=78606</guid>
		<description><![CDATA[Tax department wants realtors to reverse transition credit &#160; MUMBAI &#124; NEW DELHI: Real estate players that had commenced taxes paid following more advanced tax administration upon their Goods and Services Tax (GST) mortgages have begun collecting tax demands from the secondary tax department. The tax department requires real estate developers to modify the credit demanded as development credit [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/tax-department-wants-realtors-to-reverse-transition-credit-78606/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Unsold inventory of the realtors to be taxed: IT department’s proposal</title>
		<link>https://groups.commonfloor.com/news/unsold-inventory-of-the-realtors-to-be-taxed-it-departments-proposal-70949</link>
		<comments>https://groups.commonfloor.com/news/unsold-inventory-of-the-realtors-to-be-taxed-it-departments-proposal-70949#comments</comments>
		<pubDate>Wed, 20 Aug 2014 11:47:25 +0000</pubDate>
		<dc:creator>swiftsales.cf</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Arun Jaitley]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[income tax department]]></category>
		<category><![CDATA[J Sagar Associates]]></category>
		<category><![CDATA[Maadhav Poddar]]></category>
		<category><![CDATA[Tax department]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=70949</guid>
		<description><![CDATA[It is speculated that the revenue department will ask the builders to pay taxes on their unsold stock of ready houses as per a proposal that is under consideration. If that happens then the housing prices are expected to fall as the developers will try to sell off their properties and reduce their inventories. The income [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/unsold-inventory-of-the-realtors-to-be-taxed-it-departments-proposal-70949/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The tax department discussed various strategies to augment revenues</title>
		<link>https://groups.commonfloor.com/news/the-tax-department-discussed-various-strategies-to-augment-revenues-70554</link>
		<comments>https://groups.commonfloor.com/news/the-tax-department-discussed-various-strategies-to-augment-revenues-70554#comments</comments>
		<pubDate>Thu, 31 Jul 2014 08:28:32 +0000</pubDate>
		<dc:creator>swiftsales.cf</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[gross domestic product]]></category>
		<category><![CDATA[IT department]]></category>
		<category><![CDATA[Revenues]]></category>
		<category><![CDATA[Sluggish Economy]]></category>
		<category><![CDATA[Tax department]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=70554</guid>
		<description><![CDATA[Due to the introduction of e-governance, transparency has increased and the IT department has got more visibility into the assets of the companies. The tax department has drawn up a detailed game plan and is expected to look at various new avenues to collect taxes. Due to the sluggish economy, the income of the tax [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/the-tax-department-discussed-various-strategies-to-augment-revenues-70554/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Delhi govt to take stringent action against VAT evaders</title>
		<link>https://groups.commonfloor.com/news/delhi-govt-to-take-stringent-action-against-vat-evaders-46985</link>
		<comments>https://groups.commonfloor.com/news/delhi-govt-to-take-stringent-action-against-vat-evaders-46985#comments</comments>
		<pubDate>Mon, 25 Feb 2013 12:04:51 +0000</pubDate>
		<dc:creator>mainaki</dc:creator>
				<category><![CDATA[Cities]]></category>
		<category><![CDATA[Civic Issues]]></category>
		<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Delhi]]></category>
		<category><![CDATA[Delhi Government]]></category>
		<category><![CDATA[Delhi NCR]]></category>
		<category><![CDATA[Okhla]]></category>
		<category><![CDATA[Tax department]]></category>
		<category><![CDATA[Tax in india']]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[vat act]]></category>
		<category><![CDATA[vat india]]></category>
		<category><![CDATA[VAT payment]]></category>
		<category><![CDATA[vat rates]]></category>
		<category><![CDATA[vat registration]]></category>
		<category><![CDATA[vat return]]></category>
		<category><![CDATA[vat tax]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=46985</guid>
		<description><![CDATA[Builder and ancillary units in the construction industry defaulting VAT on &#8216;contract work&#8217; now have to be cautious as the tax department of the Delhi Government is taking stringent action against the defaulters. Already, the special zone of the tax department has prepared the list of contractors and builders in consultation with the municipal body. [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/delhi-govt-to-take-stringent-action-against-vat-evaders-46985/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Countless mutation cases pending in NMC</title>
		<link>https://groups.commonfloor.com/news/countless-mutation-cases-pending-in-nmc-33731</link>
		<comments>https://groups.commonfloor.com/news/countless-mutation-cases-pending-in-nmc-33731#comments</comments>
		<pubDate>Mon, 26 Nov 2012 03:47:46 +0000</pubDate>
		<dc:creator>Priyanka</dc:creator>
				<category><![CDATA[Civic Issues]]></category>
		<category><![CDATA[Other cities]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[BJP]]></category>
		<category><![CDATA[Civic bodies]]></category>
		<category><![CDATA[Municipal corporation]]></category>
		<category><![CDATA[mutation cases]]></category>
		<category><![CDATA[Nagpur]]></category>
		<category><![CDATA[Nagpur Municipal Corporation]]></category>
		<category><![CDATA[NMC]]></category>
		<category><![CDATA[pending cases]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[Tax department]]></category>
		<category><![CDATA[Vedprakash Arya]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=33731</guid>
		<description><![CDATA[Nagpur- The civic bodies make announcement about offering service to people and increasing revenue but they have turned a blind eye to irregularities happening in the department of property tax. It&#8217;s known that mutation of property tax in Nagpur Municipal Corporation (NMC)&#8217;s property tax records can be seldom completed by following official process. However, the [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/countless-mutation-cases-pending-in-nmc-33731/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>SDMC sends notices to property tax defaulters</title>
		<link>https://groups.commonfloor.com/news/sdmc-sents-notices-to-property-tax-defaulters-29790</link>
		<comments>https://groups.commonfloor.com/news/sdmc-sents-notices-to-property-tax-defaulters-29790#comments</comments>
		<pubDate>Thu, 27 Sep 2012 09:04:28 +0000</pubDate>
		<dc:creator>dipjyoti</dc:creator>
				<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Municipality]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Commercial Property]]></category>
		<category><![CDATA[Delhi Property owners]]></category>
		<category><![CDATA[Notice against property owners]]></category>
		<category><![CDATA[Property Owners]]></category>
		<category><![CDATA[Property tax defaulters]]></category>
		<category><![CDATA[Property tax payers]]></category>
		<category><![CDATA[Residential property]]></category>
		<category><![CDATA[South Delhi Municiapal Corporation(SDMC)]]></category>
		<category><![CDATA[Tax department]]></category>
		<category><![CDATA[Tax payers]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=29790</guid>
		<description><![CDATA[The South Delhi Municiapal Corporation (SDMC) has decided to tackle the issue of property tax payers who have not been paying tax as per the rules. The civic body has taken on the property owners who have got the nature of their property converted from residential to commercial, but have been paying property tax as [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/sdmc-sents-notices-to-property-tax-defaulters-29790/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PMC recovers property tax dues from property holders</title>
		<link>https://groups.commonfloor.com/news/pmc-recovers-property-tax-dues-from-property-holders-28177</link>
		<comments>https://groups.commonfloor.com/news/pmc-recovers-property-tax-dues-from-property-holders-28177#comments</comments>
		<pubDate>Tue, 28 Aug 2012 08:38:15 +0000</pubDate>
		<dc:creator>dipjyoti</dc:creator>
				<category><![CDATA[Municipality]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Pune]]></category>
		<category><![CDATA[Deputy commissioner]]></category>
		<category><![CDATA[Property holders]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[property tax due]]></category>
		<category><![CDATA[Pune Municipal Corporation (PMC)]]></category>
		<category><![CDATA[residential and commercial properties]]></category>
		<category><![CDATA[Revenue from property tax]]></category>
		<category><![CDATA[Tax department]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=28177</guid>
		<description><![CDATA[The tax department of the Pune Municipal Corporation (PMC) has launched a drive to recover property tax dues from property holders. The department collected dues worth Rs 5 crore over the last few days. In a press statement issued by the tax department, it has been stated that the department will form 10 squads to recover [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/pmc-recovers-property-tax-dues-from-property-holders-28177/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PMC ordered to collect Rs. 400 crores property tax</title>
		<link>https://groups.commonfloor.com/news/pmc-ordered-to-collect-rs-400-crores-property-tax-10031</link>
		<comments>https://groups.commonfloor.com/news/pmc-ordered-to-collect-rs-400-crores-property-tax-10031#comments</comments>
		<pubDate>Fri, 02 Dec 2011 08:45:55 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Civic body]]></category>
		<category><![CDATA[PMC]]></category>
		<category><![CDATA[Property Owners]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[Pune]]></category>
		<category><![CDATA[Pune Municipal Corporation (PMC)]]></category>
		<category><![CDATA[Revenue]]></category>
		<category><![CDATA[Tax defaulters]]></category>
		<category><![CDATA[Tax department]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=10031</guid>
		<description><![CDATA[A tough task ahead for Pune Municipal Corporation (PMC), it has been ordered to collect Rs. 400 crores from tax defaulters within span of one month. However, the city tax department of PMC has till now collected Rs. 25 crores only. PMC has taken this task pretty seriously, as property tax is the main source of [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/pmc-ordered-to-collect-rs-400-crores-property-tax-10031/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Un-occupied House Owners in Goa to bear a Hefty Tax Tariffs</title>
		<link>https://groups.commonfloor.com/news/un-occupied-house-owners-in-goa-to-bear-a-hefty-tax-tariffs-9481</link>
		<comments>https://groups.commonfloor.com/news/un-occupied-house-owners-in-goa-to-bear-a-hefty-tax-tariffs-9481#comments</comments>
		<pubDate>Sat, 12 Nov 2011 06:30:48 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Awareness]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Apartments in Goa]]></category>
		<category><![CDATA[Building owners]]></category>
		<category><![CDATA[Goa]]></category>
		<category><![CDATA[House owners]]></category>
		<category><![CDATA[Non-goans]]></category>
		<category><![CDATA[Non-residents of Goa]]></category>
		<category><![CDATA[Panaji]]></category>
		<category><![CDATA[Soaring property rates]]></category>
		<category><![CDATA[State Level Steering Committee (SLSC)]]></category>
		<category><![CDATA[Tax department]]></category>
		<category><![CDATA[Un-occupied buildings]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=9481</guid>
		<description><![CDATA[Goa is witnessing soaring property rates only because of the property purchased by the non-residents being left vacant for years together in areas like Panaji. Chief Minister Digambar Kamat reported saying on this issue that, the middle-class people surviving in the state are failing to afford in buying houses or apartments for own. The fact [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/un-occupied-house-owners-in-goa-to-bear-a-hefty-tax-tariffs-9481/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Commissionerate of Income Tax slapped a notice on BMRCL</title>
		<link>https://groups.commonfloor.com/news/commissionerate-of-income-tax-slapped-a-notice-on-bmrcl-9340</link>
		<comments>https://groups.commonfloor.com/news/commissionerate-of-income-tax-slapped-a-notice-on-bmrcl-9340#comments</comments>
		<pubDate>Tue, 08 Nov 2011 05:10:58 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Municipality]]></category>
		<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Bangalore Metro Rail Corporation Ltd.(BMRCL)]]></category>
		<category><![CDATA[BMRCL]]></category>
		<category><![CDATA[commuters]]></category>
		<category><![CDATA[Passengers]]></category>
		<category><![CDATA[Revenue]]></category>
		<category><![CDATA[Tax Deducted at Source (TDS)]]></category>
		<category><![CDATA[Tax department]]></category>
		<category><![CDATA[Tax notice]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=9340</guid>
		<description><![CDATA[Bangalore Metro Rail Corporation Ltd.(BMRCL) recently received a notice on account of failing to deposit Tax Deducted at Source (TDS). Situations are being turned from bad to worse for Bangalore Metro as the foundation of it is loosing complete grip. All these days it was the revenue of these feeder buses and the rumors of [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/commissionerate-of-income-tax-slapped-a-notice-on-bmrcl-9340/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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