This document is a self-assessment form for property tax returns in Punjab, India. It collects information about the property such as the municipal corporation, ward, type of property, occupier details, and area. It then has several parts that determine the tax amount due based on factors like the property area, usage, age, and whether it is occupied or vacant land. The form calculates rebates, penalties, and the net payment required according to the information provided by the occupier.
This document is a self-assessment form for property tax returns in Punjab, India. It collects information about the property such as the municipal corporation, ward, type of property, occupier details, and area. It then has several parts that determine the tax amount due based on factors like the property area, usage, age, and whether it is occupied or vacant land. The form calculates rebates, penalties, and the net payment required according to the information provided by the occupier.
This document is a self-assessment form for property tax returns in Punjab, India. It collects information about the property such as the municipal corporation, ward, type of property, occupier details, and area. It then has several parts that determine the tax amount due based on factors like the property area, usage, age, and whether it is occupied or vacant land. The form calculates rebates, penalties, and the net payment required according to the information provided by the occupier.
(Under Section 112-A (1) of the Punjab Municipal Corporation Act, 1976)
(Financial Year.) Part A (TO BE FILLED BY ALL) 1. Name of the Municipal Corporation Sahibzada Ajit Singh Nagar 2. Ward No. 3. Block / Sector /Phase No. 4. Property Identification / House No 5. Name of the Colony/ Mohalla/ Village 6. Type of property ( please indicate any one of the following :- Residential / Industrial / Govt. Building/ Private Health & Educational Institution / Commercial, Restaurants or Hotel upto 2 Star / Malls/ Marriage place & Resorts / 5 star Hotel and above .
7. Occupier's status Indicate one of the following :- Self occupied OR Rented
8. Occupier's details : (a) Name (b) Father 's Name ( c) Gender ( Male / Female ) (d ) Date of Birth / Age
Part B ( TO BE FILLED FOR SELF OCCUPIED RESIDENTIAL BUILDINGS HAVING PLOT AREA UPTO 100 SQUARE METERS/Approximate 120 sq.yds. ) 10. Area of the plot under self occupied residential building Annual Property Tax LUMPSUM ( Amount in Rupees ) (a) If upto 50 square meters/Approximate 60 sq.yds.,
(b) If more than 50 Square meters/Approximate 60 sq.yds. , but upto 100 square meters/Approximate 120 sq.yds. Rs. 50/- (fifty ) per annum
Rs. 150 ( One Hundred and Fifty ) per annum
Part- C ( TO BE FILLED IN CASE OF EXEMPTED CATEGORIES ONLY ) 11. (a) Please indicate the relevant exempted category from the
following : Building and lands, exclusively used for religious purpose, religious rites, religious ceremonies, cremation grounds, burial grounds, gaushalas, stray animal care centers, historical and heritage buildings so notified by the State Government / Central Government or UNESCO, Charitable and philanthropic organization exempted from payment of the tax under the Income Tax Act, 1961 ( Central Act No. 43 of 1961), the building and lands owned and used by the Corporation and the lands being exclusively used for religious function or festivals.
(b) Please indicate the proof being enclosed in support of (a) above)
Part- D (TO BE FILLED FOR ALL OTHERS INCLUDING VACANT LANDS) 12 Zone Number ( as determined and published by the Zoning Committee), in which the property mentioned against column No. 4 is located.
13 Unit Value( as determined and published by the Unit Valuation Committee) Rs._____________________ Per Square meter.
Part-E ( TO BE FILLED FOR VACANT LANDS ONLY) 14 Vacant plot area ( in square meters) 15 Usage Factor 16 Occupancy Factor 17 Total Unit Value ( Unit value X Usage Factor X Occupancy Factor)
18 Annual Unit Value ( 5% OR 15% Or 20% of Total Unit Value )
19 Payable Annual Property Tax ( Annual Unit Value X Area of the vacant land X 0.25 % [ 25/100x 100])
Rs.---------------------
Part F ( TO BE FILLED IN ALL OTHER CASES) 20. Factors(Please circle the relevant factor in each Block below) Block A Usage Factor (UF) 1. Residential Building 1 2. Govt. Institution including Educational and Health institution 1.5 3. Private institution including Hospital, Nursing Homes, Educational and Industry 2 4. Commercials units, Restaurants including Hotels upto two star 4 5 Malls including Hotels with three & four stars and Marriage Palaces and Resorts 5 6. Five Star Hotel & Above 10
Block B- Type Factor (TF) 1. House Constructed upon the Land whose owner is the same 1 2. Other Excepting ( 1 above e.g. Multistoried group Housing Building etc. 0.75
Block C- Structural Factor ( SF) 1. Pucca ( cemented bricks walled and load bearing roof) 1 2. Semi Pucca ( cemented bricks walled or non cemented bricks walled with non load bearing roof 0.75 3 Kuccha ( Non cemented or non brick walled and non load bearing roof 0.50
Block E- Age Factor of the Building to be Taken From the date of the completion Certificate (AF) 1. Built during last ten year 1 2. Built between last ten year to twenty years 0.9 3. Built between last twenty years to thirty years 0.8 4. Built between last thirty years to forty years 0.7 5. Built between last forty years to fifty years 0.6 6. Built more than fifty years back 0.5
21 A- Plot Area ( in square meters only ): Built up Area Vacant Area Total Area
B- Details of Built up area (BUA) in Square meters only (i.e . total constructed floor area on all the floors of the building) Basement - Ground floor - First floor - Second floor - Third floor - Fourth floor - Fifth floor - ( and so on) - ----------------------------- Total Built up area - ---------------------------- C- In case the built- up area is used for multiple purposes ( like Restaurant on ground floor , residence on one floor , institution on other floor, etc.) , break up of built up area (BUA ) usage be indicated below:- Usage Area ( in sq. area meters only Residential Building Govt.Institution including Educational and Health institution
Private institution including Hospital , Nursing Homes, Educational and Industry
Commercial units, Restaurants including Hotels upto two star
Malls, 3 & 4 Star Hotels, Marriage palaces & Resorts Five Star Hotel & above Total
22 Total Unit Value (TUV) (Unit Value (Sr. No. 13) X Factor (Sr. No . 20).ie UV X UF X TF X SF X OF X AF)
Rs. 23 Annual Unit Value (AUV) In case of residential 5% of TUV( Sr. No.22) In case of Malls and Hotels with five stars and above 20 % of TUV For others 15% of TUV
Rs. 24) CALCULATION OF TAX PAYBLE (a) If Built up area (BUA) is 25% or more of the area of the plot , then Tax on Built up Area (BUA) only is to be calculated as under :- (AUV X BUA X 1 %)
Rs--------------- (b) If Built up area (BUA) is less than 25% of the area of plot , then Tax on Built up area and vacant land area is to be calculated as under:-
( i) [ AUV X BUA X 1 %]
(ii) [ AUV X VA X 0.25% ]
Rs.-------------------
Rs.------------------- Total Rs.
Part G ( TO BE FILLED IN ALL CASES) 25. Total Annual Tax payable (Sr. No. 10, 19, or 24) Rs.______________ 26. Remission, If any , being claimed under section 141 of the Punjab Municipal Corporation Act 1976 on account of unoccupied building , authenticated proof being enclosed should be indicated and the amount of calculation of remission amount to be indicated in this column.
Rs._______________ (proof being enclosed ----------------------) 27 Amount of Rebate ( If payment is being made before 30 th June of the financial year , then 10% rebate on the tax calculated can be claimed)
Rs. 28 Penalty ( @ 25 % of the amount yet to be paid , if payment is being made after 30 th September) Rs 29 Interest amount ( @ 15% per annum on the amount yet to be paid for the delayed period beyond 30 th September) Rs. 30 Net payment being made [ 25-26-27+ 28+29] Rs.
I undertake that the information given by me in the above form is correct and true and I shall be responsible if the same is found to be incorrect.
Place Signature of the assessee / Occupier of the property Dated
Property Tax Return , Punjab
SELF ASSESSMENT FORM
(Under Section 112-A (1) of the Punjab Municipal Corporation Act, 1976) (Financial Year.) Part A (TO BE FILLED BY ALL) 1. Name of the Municipal Corporation Sahibzada Ajit Singh Nagar 2. Ward No. 3. Block / Sector /Phase No. 4. Property Identification / House No 5. Name of the Colony/ Mohalla/ Village 6. Type of property ( please indicate any one of the following :- Residential / Industrial / Govt. Building/ Private Health & Educational Institution / Commercial, Restaurants or Hotel upto 2 Star / Malls/ Marriage place & Resorts / 5 star Hotel and above .
7. Occupier's status Indicate one of the following :- Self occupied OR Rented
8. Occupier's details : (a) Name (b) Father 's Name ( c) Gender ( Male / Female ) (d ) Date of Birth / Age
Part B ( TO BE FILLED FOR SELF OCCUPIED RESIDENTIAL BUILDINGS HAVING PLOT AREA UPTO 100 SQUARE METERS/Approximate 120 sq.yds. ) 10. Area of the plot under self occupied residential building Annual Property Tax LUMPSUM ( Amount in Rupees ) (a) If upto 50 square meters/Approximate 60 sq.yds.,
(b) If more than 50 Square meters/Approximate 60 sq.yds. , but upto 100 square meters/Approximate 120 sq.yds.
Part- C ( TO BE FILLED IN ALL CASES) 11. Total Annual Tax payable (Sr. No. 10 ) Rs.______________ 12. Remission, If any , being claimed under section 141 of the Punjab Municipal Corporation Act 1976 on account of unoccupied building , authenticated proof being enclosed should be indicated and the amount of calculation of remission amount to be indicated in this column.
Rs._______________ (proof being enclosed ----------------------) 13. Amount of Rebate , If applicable as per rules ( If payment is being made before 30 th June of the financial year , then 10% rebate on the tax calculated can be claimed)
Rs. 14. Penalty ( @ 25 % of the amount yet to be paid , if payment is being made after 30 th September) Rs 15. Interest amount ( @ 15% per annum on the amount yet to be paid for the delayed period beyond 30 th September) Rs. 16. Net payment being made [ 11-12-13+14+15] Rs.
I undertake that the information given by me in the above form is correct and true and I shall be responsible if the same is found to be incorrect.
Place Signature of the assessee / Occupier of the property Dated