{"id":72952,"date":"2020-12-24T17:56:09","date_gmt":"2020-12-24T12:56:09","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=72952"},"modified":"2020-12-24T17:56:15","modified_gmt":"2020-12-24T12:56:15","slug":"notice-on-200-hike-in-islamabad-property-tax-voided","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/notice-on-200-hike-in-islamabad-property-tax-voided.html","title":{"rendered":"IHC voids govt\u2019s decision on 200% hike in Islamabad property tax"},"content":{"rendered":"\n<p>Islamabad: The Islamabad High Court (IHC) has overturned the federal government\u2019s decision to introduce a 200% increase in property taxes for properties situated in the capital city, according to a news source. The court directed the Metropolitan Corporation Islamabad (MCI) to collect property taxes as per the rates notified prior to the issuance of the tax-hike notification in 2019.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/icci-asks-cda-mci-abide-court-orders-concerning-property-tax-hike.html\" target=\"_blank\" rel=\"noreferrer noopener\">ICCI asks CDA, MCI to abide by court orders concerning property tax hike<\/a><\/p>\n\n\n\n<p>The petition in this regard was filed by Jamaat-e-Islami Naib Ameer Muhammad Aslam in October 2019. The IHC had directed the MCI and Capital Development Authority (CDA) to <a href=\"https:\/\/www.zameen.com\/news\/ihc-suspends-property-tax-hike-notification.html\" target=\"_blank\" rel=\"noreferrer noopener\">suspend<\/a> the property tax collection notice till the issuance of the final verdict. In its judgment, the court mentioned that the CDA has no right to collect property taxes as the onus lies with the MCI.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/govt-shares-details-luxury-tax-applicable-farmhouses-villas-islamabad.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt shares details of Luxury Tax applicable on farmhouses, villas in Islamabad<\/a><\/p>\n\n\n\n<p>Justice Mohsin Akhtar Kayani further ordered the departments concerned to conduct an audit of the CDA\u2019s property tax collection matters from 2015 onwards. Justice Kayani further stated that the amount of tax collected by the CDA during said period should be submitted to the exchequer of the local government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Islamabad High Court (IHC) has overturned the federal government\u2019s decision to introduce a 200% increase in property taxes for properties situated in the capital city, according to a news source. The court directed the Metropolitan Corporation Islamabad (MCI) to collect property taxes as per the rates notified prior to the issuance of the tax-hike notification in 2019. Read: ICCI asks CDA, MCI to abide by court orders concerning property tax hike The petition in this regard was filed by Jamaat-e-Islami Naib Ameer Muhammad Aslam in October 2019. The IHC had directed the MCI and Capital Development Authority (CDA) to suspend the property tax collection notice till the issuance of the final verdict. In its judgment, the court mentioned that the CDA has no right to collect property taxes as the onus lies with the MCI. Read: Govt shares details of Luxury Tax applicable on farmhouses, villas in Islamabad Justice Mohsin Akhtar Kayani further ordered the departments concerned to conduct an audit of the CDA\u2019s property tax collection matters from 2015 onwards. Justice Kayani further stated that the amount of tax collected by the CDA during said period should be submitted to the exchequer of the local government.<\/p>\n","protected":false},"author":18,"featured_media":62959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15016],"tags":[44616,44615,44618,44614,44617],"persona":[],"class_list":{"0":"post-72952","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-new-developments","9":"tag-200-rise-in-islamabad-property-tax","10":"tag-ihc-verdict-on-islamabad-property-tax","11":"tag-ihc-voids-govts-decision-on-200-hike-in-islamabad-property-tax","12":"tag-islamabad-property-tax-rate-2020","13":"tag-notice-on-200-hike-in-islamabad-property-tax-voided","14":"cat-15015-id","15":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Notice on 200% hike in Islamabad property tax voided - Zameen News<\/title>\n<meta name=\"description\" content=\"The court directed the Metropolitan Corporation Islamabad (MCI) to collect property taxes as per the rates notified prior to the...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/notice-on-200-hike-in-islamabad-property-tax-voided.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Notice on 200% hike in Islamabad property tax voided - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The court directed the Metropolitan Corporation Islamabad (MCI) to collect property taxes as per the rates notified prior to the...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/notice-on-200-hike-in-islamabad-property-tax-voided.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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