Rs. 11 crore due to corporation as tax arrears

The Corporation of Kochi is planning to act tough against tax evasions and defaulters in the city. The tax arrears due to the cash-strapped civic body is around Rs. 11 crore and a drive will be launched to recover it, said Kochi Mayor Tony Chammany.

Notices have been issued to some prominent business houses including textile shops, hotels and commercial establishments and hospitals for underassessment or evasion of tax assessment for the buildings.

Some commercial establishments had constructed unauthorised floors while some others evaded assessments for the buildings leading to huge revenue loss for the civic body. Several buildings of a prominent hospital were also found not subject to tax assessment.

Legal action including attachment of the property will be initiated against the tax defaulters by the civic body, he said.

Several commercial establishments were found functioning from residential buildings in Panampilly Nagar and adjoining areas.

Taxes at commercial rates will be levied from these buildings too, Mr. Chammany said.

The Corporation has announced a drive for the collection of property and professional taxes starting August 25. V.R. Krishna Iyer, former judge of the Supreme Court, will inaugurate the drive by remitting his tax. Mr. Chammany will collect the tax from Mr. Iyer at his residence at 10.30 a.m.

The revenue officials of the Corporation will collect the taxes from the tax payers at select centres in all the divisions of the Corporation during the campaign period.

The zonal and main office of the Kochi Corporation will remain open on all the holidays in September for the collection of taxes. Tax payers can make use of this facility till September 30.

  • Notices issued to malls, hospitals for tax evasion
  • Many businesses working from residential buildings