You can pay tax in respect to your share and get the tax reciepts to be transferred in your name. For sold flats the owners of same shall pay.
We have 5 storey building and all flats are sold in ownership..except 1 flat where we living now and underground also sold too. So as a landlord can we have to pay tax a lifetime of this land because tax bill always issue in my parents name annually. So we can pay or not
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You can pay tax in respect to your share and get the tax reciepts to be transferred in your name. For sold flats the owners of same shall pay.
1) NA tax has to be paid by society formed of flat owners
2) you have to execute conveyance of land in favour of society
The flats have been sold and you only own a portion of it therefore you should not pay alone for any liability that arises in the future.
Regards
Dear Client,
Land ownership now will be acc. to proportionate basis i.e. if 5 flats than each flat owner owns 1/5th holding in land. So now you are liable to pay tax up to 1/5th holding.
For rest land, other flat owners will pay.
The nagar nigam records to be modifidmoby application from the purcheses along with the registration copy.
1) You have to form society or association as per West Bengal state Society act.
2) Transfer land on society's name than land property tax will come on individual flat holders name.
1. As YET, there is no provision to pay life time taxes, since taxes are revised periodically with increases, depending on the services and amenities of the area.
2. Transfer the property, in the revenue records, in your name, as soon as possible, to avoid future disputes and claims.
The property tax has to be paid to the authorities concerned by the owner of the property.
If the property is on your father's name, then you get it transferred to your name by a t=registered transfer deed after which you can start paying ther taxes on your name