Srinagar, 10 Aug (CNI) : Jammu and Kashmir Government on Thursday has extended the date for payment of Property Tax and filing of return for the current financial year till August 31.
As per the news agency-Current News of India (CNI), a notification issued by Principal Secretary to the Government, Housing and Urban Development Department Prashant Goyal, reads “In exercise of the powers conferred by Section 143A of the Jammu and Kashmir Municipal Corporation Act, 2000, the Government hereby directs that in proviso to Rule 5 of the Jammu and Kashmir Property Tax (Municipal Corporation) Rules, 2023, for the figures and words “31st July”, the figures and words “31st of August 2023″ shall be substituted.”
Similar notification has also been issued in respect of other Municipalities in the Union Territory of Jammu and Kashmir.
The J&K Property Tax Rules were notified vide two different notifications dated February 21, 2023 in exercise of the powers conferred by Section 143A of the Jammu and Kashmir Municipal Corporation Act, 2000 and Section 71-A of the Jammu and Kashmir Municipal Act, 2000 for levy, assessment and collection of Property Tax in the Municipal Corporations, Municipalities and Municipal Councils of the Union Territory.
In Rule 5, it was mentioned that a person liable to Property Tax shall furnish to the designated/authorized officer the particulars of the property and the tax due thereon in Form-1 by May 30 of the financial year to which the return pertains. It shall be accompanied by a proof of payment in Form-2 and acknowledgment of filing of return shall be in Form-3.
However, in the month of June the Housing and Urban Development Department added a proviso to Rule 5 of the Jammu and Kashmir Property Tax (Municipal Corporation) Rules, 2023 thereby extending the date for payment of Property Tax till July 31, 2023 and now the same has been further extended to August 31.(CNI)
