Dear Sir, As per Section 212 of Hyderabad Municiapl corporation Act , Vacant land tax (VLT)shall be levied at 1% of the capital value of land. How to arrive at Capital Value of Land in the given case.
C MURALI MOHAN (AGM) 03 February 2012
Dear Sir, As per Section 212 of Hyderabad Municiapl corporation Act , Vacant land tax (VLT)shall be levied at 1% of the capital value of land. How to arrive at Capital Value of Land in the given case.
C MURALI MOHAN (AGM) 10 February 2012
What I feel the Municipal Authorities are misinterpreting the Concept of Capital value of the Land and calculating the VLT on Registration value of the Land at current prices of Registration. I seek feedback of the members
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