road tax for vehicle
artabandhu
(Querist) 28 October 2010
This query is : Resolved
The vehicle is purchased by a loan from the bank.Due to some unavoidable circumstance some installments are not paid to the bank. So the bank seized the vehicle through a private security organisation.After a year back i paid the all installment and release the vehicle.Here i give a application before the R.T.A to rebate the tax for the period of seizure.But they denied to rebate the tax even i showing sufficient evidence for off rout.There after i go the appeleate authority he also denied to rebate the tax.Now the issue is continuing for three years. So i can not run the vehicle on the road and penalty tax also pending till today. So in this sitution what can i do.
Parthasarathi Loganathan
(Expert) 28 October 2010
Your bank loan and the Road tax liability are two different issues. You need to abide by the RTO Rules and tax regulations in this regard.
R.Ramachandran
(Expert) 28 October 2010
Tax authorities have power to grant rebate unless there is a provision in the Tax Act. If you want to drive the vehicle, naturally you have to pay the requisite tax and/or penalty etc.
R.Ramachandran
(Expert) 28 October 2010
There was typographical error in my earlier reply. Hence posting it once again with due corrections.
Tax authorities have NO power to grant rebate unless there is a provision in the Tax Act. If you want to drive the vehicle, naturally you have to pay the requisite tax and/or penalty etc.
adv. rajeev ( rajoo )
(Expert) 29 October 2010
your inability to pay the installments, it is mandatory to pay the road tax.
s.subramanian
(Expert) 29 October 2010
I agree with Mr.Ramachandran. Failure to discharge the loan dues that ended in the seizure and detention of the vehicle is your making. Having created such a situation,you cannot seek rebate also on that ground. It would be like putting a premium on your default which law will not allow or recognise.
