Begumpet airport property in the red

Secunderabad: The Begumpet airport property, spread over 700 acres, runs the risk of being attached by the Secunderabad Cantonment Board (SCB) for defaulting on property tax of Rs 1,76,96,360. The board has served a notice to the Airports Authority of India (AAI) demanding immediate payment of the property tax dues.
The SCB authorities served the notice to the airport director on January 28 seeking payment of the current year’s dues amounting to Rs 88,48,180. The last year’s dues of an equal amount have also not been paid by the airport. This means a total default of Rs 1,76,96,360.
"This has to be paid by February 28," SCB chief executive officer V Premchand told TOI.
The notice was served under Section 101 of (1) The Cantonments Act 2006. According to the section, if the person liable for the payment of any tax dues does not, within 30 days from the service of the notice, pay the amount due or show sufficient cause for non payment of the same to the satisfaction of the chief executive officer, such sum, with all costs of recovery, may be recovered under a warrant, issued in the form set forth in Schedule II, by selling or attaching the immovable property of the defaulter.
15/02/08 Sunil Mungara/Times of India

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Categories: airports Feb 2008