Know How to Pay Property Tax Online and the Consequences of Property Tax Evasion

Owners of residential or commercial properties need to pay taxes annually to their respective authorised bodies. Such a tax is thus paid by the landowner to either the local government or the concerned municipal corporation. Also, a property owner can choose to pay property tax online or offline, depending on their convenience. 

Typically, by following these necessary steps, one can make online property tax payment – 

Step 1 - Visit the concerned local authority or municipality’s website. 

Step 2 – Navigate to the ‘Property Tax’ page. 

Step 3 – Enter the required details to fill up the form. 

Step 4 – Provide details related to building type, occupancy, total area, floor, age and exemptions, among others. 

Step 5 – Click on ‘Submit’ after confirming the accuracy of the details shared. 

Proceed to pay property tax online and download the e-receipt and tax report online. Such documents will come in handy while filing income tax return or while applying for a secured loan like a loan against property. 

Individuals who miss or evade property tax payment can face these consequences – 

- Pay a fine not less than 50% of the tax amount. 

- Maximum 7 years of imprisonment. 

- Attachment of movable or immovable properties and bank accounts.

 

To avoid these and other complications, individuals must pay their property tax online or offline without fail. 

Individuals who wish to pay their property tax via an offline method will be required to download the payment challan and pay the amount at a financial institution within the due date. Also, they should find out the steps to pay TDS online to streamline the process without much hassle. 

Must Read : Check All the Brief Details About MCD Property Tax