BENGALURU:
Cracking down against the property tax defaulters, the Bruhat Bengaluru Mahanagara Palike (BBMP), on Tuesday sealed three properties — Manyata Tech Park, Royal Grand Convention Hall and Reva University – that together have an outstanding amount of ₹ 90.37 crore in property tax.
On Tuesday morning, revenue officials from Yelahanka zone reached Manyata Tech Park in Thanisandra ward and closed the gates leading to and from the park, apart from issuing a seizure notice.
The tech park that has nine blocks has reportedly been paying less property tax to the BBMP under the Self Assessment Scheme (SAS). Accordingly, a notice with a total amount of ₹ 1,01,38,87,611, including a penalty not less than twice the tax evaded, was issued to the property owner. But they had paid only a sum of ₹ 28,67,97,434 with the remaining ₹72,70,90,177 as dues. Even though a demand notice was issued to pay the pending amount, the owner failed to pay the amount. Leading to the execution of the distress warrant.
Royal Grand Kalyana Mantapa
The Royal Grand Kalyana Mantapa, owned by N Anandamoorthy, the property owner of 320/72/1 on Nagavara Thanisandra Main Road in Thanisandra Ward, had a total property tax dues of ₹70,68,930 with taxes pending since 2012-13. When a demand notice was issued on tax payment, the owner had given a cheque of ₹9 lakh which failed the clearance due to lack of funds in the owner’s account. Hence, the warrant of foreclosure was executed.
Reva University
The Total Station Survey was carried out in the year 2018-19 for all buildings of Reva University, owned by Rukmini Educational Charitable Trust in khatha number 101 in Kattigenahalli village of Jakkur ward. It was observed that the measurements of buildings were falsely (less than the actual) mentioned during the declaration of property tax payments. Accordingly, the calculated tax due is ₹ 16,95,64,078. The distress warrant was executed for non-payment of tax dues even after issuing demand notice.
Among the three assets of the Yelahanka Zone, tax due from Manyata Tech Parks is ₹72,70,90,177, that of Royal Grand Kalyana Mantapa is ₹ 70,68,930, and Reva University has dues of ₹ 16,95,64,078. Even after several demand notices were issued, they have failed to pay the taxes.
Poornima KAS, Joint Commissioner of Yelahanka zone executed the distress warrant to all three properties.
