Civic body tightens tax noose around IGI airport
2 Feb 2013 5:59 AM IST
South Delhi Municipal Corporation has tightened the tax noose around GMR-operated Delhi IGI Airport. The local civic body has passed a policy amendment, according to which the airport will have to cough up around Rs 20-25 crore as property tax per year. At present, the tax is around Rs 1.5 crore per annum.
‘At present, the airport gives us tax on self assessment basis and we don’t have records to verify it. But now we have amended our policy to collect the due tax,’ said Subhash Arya, Leader of House, SDMC.
According to the new policy, the airport will have to deposit 25 per cent property tax for its commercial areas, 15 per cent for technical area and 6 per cent for green area.
As per the data available with the department, 124 acre of the total 3,306 acre land is in the possession of government-run Air India and its sister concerns.
‘At IGI, the covered commercial complex has been constructed on 192 acres of land, for which 20 per cent of the annual value will be charged as property tax. The technical area, which includes runways, petrol pumps, parking for air-crafts, constitutes around 694 acres of land, for which 15 per cent of the annual value will be charged as property tax,’ said a senior officer of property tax department.
He added that the airport command area will also be treated as commercial complex and charged accordingly.
‘We will soon complete the calculation of floor area ration (FAR) for each constructed building and area at airport and send a final property tax assessment order to the operator and owner agencies at airport,’ said B N Singh, Assessor and Collector of SDMC.
‘At present, the airport gives us tax on self assessment basis and we don’t have records to verify it. But now we have amended our policy to collect the due tax,’ said Subhash Arya, Leader of House, SDMC.
According to the new policy, the airport will have to deposit 25 per cent property tax for its commercial areas, 15 per cent for technical area and 6 per cent for green area.
As per the data available with the department, 124 acre of the total 3,306 acre land is in the possession of government-run Air India and its sister concerns.
‘At IGI, the covered commercial complex has been constructed on 192 acres of land, for which 20 per cent of the annual value will be charged as property tax. The technical area, which includes runways, petrol pumps, parking for air-crafts, constitutes around 694 acres of land, for which 15 per cent of the annual value will be charged as property tax,’ said a senior officer of property tax department.
He added that the airport command area will also be treated as commercial complex and charged accordingly.
‘We will soon complete the calculation of floor area ration (FAR) for each constructed building and area at airport and send a final property tax assessment order to the operator and owner agencies at airport,’ said B N Singh, Assessor and Collector of SDMC.
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