BBMP Bangalore (Bruhat Bengaluru Mahanagara Palike) has started accepting property tax for 2009-10. BBMP has introduced two forms Form IV and Form V instead of previous year forms of Form I for properties with PID number, Form II for properties with only Khata number and Form III for properties with neither PID nor Khata.
Tax payers can file their return either with Form IV or Form V. Form IV is for property that has no change either in category, usage or structure. It is available in White. If there is any change in property category, usage or vacant land to new completed construction, tax payers can file their return in Form V. Form V is available in Blue.
Use Form IV (White) for property if there is no change in category, usage and structure with previous year filing.
In Part I fill your personal details as follows:
Column 1: Enter your property number with 2009-10.
Column 2: Tick the color of form submitting and the number printed on acknowledgement form.
Column 3: If revised is submitted details with its date and application number. If no revised is submitted enter N.A.
Column 4 to 9: Fill the details furnished in the previous year’s filing.
In Part II fill details of previous year’s tax paid (2008-09)
Column 10a: Go to page 5 of the previous year form (if revised one is submitted) COMPUTATION OF TOTAL TAX PAYABLE and copy the figures in column 17.
Column 10b: Copy the figure of column 18 of the previous year form.
Column 10c: Copy the figure of column 19 of the previous year form.
Column 10d: Copy the figure of column 20 of the previous year form.
Column 10e: Copy the figure of column 21 of the previous year form.
Column 10f: Copy the figure of column 22 of the previous year form.
Column 10g: If paid in installment write N.A. and if paid in full copy the figure of column 26 of previous year’s form and receipt number with issue date.
Column 10h: Enter the payment details if paid in installment and if you filled column 10g write N.A
Column 10i: Fill the year as 2009-10 and copy the figure of 10a.
Column 10j: Copy the figure of column 10b.
Column 10k: Copy the figure of column 10c.
Column 10l: Copy the figure of column 10d if availed OR calculate 5% of the amount in 10k and write.
Column 10m: Copy the column 10e OR calculate and write.
Column 10n: If a revised return is submitted, enter the figure shown as in column 26 of that return OR put a dash.
Column 10o: Copy the figure of column 10m or calculate as the case may be and write. Enter the amount to nearest rupee (ensure to round off the amount)]
Column 10p: Copy the figure of column 10c.
Column 10q: Divide the figure of column 10p by 2 and write.
Column 10r: Copy column 10q.
Column 10s: Copy the figure in column 10f.
Column 10t: Calculate by deducting figures column 10q & s.
Column 10u & v: Self explanatory calculations.
Column 10w: Calculation of the above. (Round off amount to nearest rupee).
If you decide to pay your property tax for full year on or before July 30 to avail tax rebate of 5 per cent, go to 10A (Computation of property tax for the year ——–if paid before——–to avail 5% rebate) fill up 10A and score off column 10B as “Not Applicable”. If you decide to pay your tax in installment or after July 30 fill up 10B and score off column 10A as “Not Applicable” (Computation of property tax for the year ————installments).
Fill the payment details and sign with date. Fill in the acknowledgment in duplicate get the entire form photo-copied and make payment at your designated help center. If there is any change in property category, usage or vacant land to new completed construction, you can file your return in Form V. Form V is available in Blue. The calculation for property tax is done in previous year.
Tax payers can pay property tax online using their credit card and there will be no transaction charges for making payment online. Debit card can be used for online payment of property tax but the card holder should obtain activation facility from the issuing bank for online payment.
For online payment tax payers can visit BBMP property tax website and select either form IV or form V which ever is applicable and if property tax is paid in two installments for the current year, then two separate forms should be filed for each half year. Tax payers need to enter application number for property tax paid in 2008-09. Select the ward and help center and submit continue for going to next page.
Don’t go wrong with statement in form “Depreciation cannot be claimed for 2009-10 and 2010-11 as depreciation can be claimed once in the block period i.e. 2008-09 to 2010-11”. The actual wordings should be “No Further Depreciation To Be Calculated Even If The Age Differs In The Slab Provided On Page 18 Of The Handbook As Annexure – III” for the given block period of Three years (at present).
Tax Payers can contact BBMP
Between 10:30 AM to 1:30 PM and 2:30 PM to 6:00 PM (All working days)
Phone No: 080-22247622 ; 080-22247629
Email: bbmpsas@bmponline.org
- Disclaimer: The article contains data collected from various sources and the use of same is at readers discretion.
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