Use of residential property for commercial activity will invite ‘lagaan’

Indore | Saturday | 17th February, 2018

Summary:

As per the rules, ‘lagaan’ tax will be levied on them,” ADM Kailash Wankhede told TOI.He added that 67 major property in Juni Indore, Central Kotwali and Mhow have been identified on which lagaan tax will be levied. The property owners will be given chance to show permission as required for taking commercial use of the property based in residential areas. Rs 10000 will be the annual lagaan tax. Indore: In a bid to create new sources of revenue, the district administration has decided to levy tax on commercial property located in residential areas.“Under section 60 of MP Land Revenue Code 1959, we are conducting survey of big commercial activities, being run in the residential areas. Besides, around 70 establishments located in other part of the city are being inspected for the tax calculation.“Our target is to issue around 100 show-cause notices on Monday against such property, which are liable for paying lagaan tax under section 60 of MPLRC-1959..