ADVERTISEMENT

Mantri mall served notice over property tax again

September 19, 2021 05:42 am | Updated December 03, 2021 08:29 am IST - Bengaluru

Cheque given by developer to clear one year's dues bounced

The Bruhat Bengaluru Mahanagar Palike (BBMP) has served a notice to Mantri mall and all shopkeepers in the mall to pay property tax dues in a long ongoing dispute it has had with the developers.

In the notice, the palike stated that it would initiate action including closure, freezing of accounts and auctioning off all movable assets to recover tax arrears if not paid within 30 days of the notice, served on September 7.

A copy of the notice, available with

ADVERTISEMENT

The Hindu, stated that the mall has arrears due of ₹20.33 crore for the fiscals 2019-20 and 2020-21. Along with this year’s tax of ₹6.77 crore, the amount due is ₹27 crore. The BBMP notice pertains to the arrears of ₹20.33 crore.

ADVERTISEMENT

 

“Last year, after a similar action initiated by the civic body, the mall developers agreed to pay one year’s tax and issued a cheque for March 2021. But that cheque has bounced, following which we have filed a civil suit in the court over the issue,” said Prasanna Kumar, DC, Revenue, West Zone, BBMP.

This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
This is your last free article.

ADVERTISEMENT

ADVERTISEMENT