North corpn demands Rs 76.5 cr tax from DU
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The North Municipal Corporation has decided to raise property tax due of over Rs 76.5 crore from Delhi University.
Senior corporation officials said the liability was huge as DU was not paying its property tax till 2004 as it contested that the university was a charitable organisation and, hence, exempted from paying property tax.
"When the tax department raised a demand in 2006, DU went to High Court and, in 2008, the High Court asked us to issue a fresh demand notice. We had demanded Rs38 crore then and, now, we have raised the demand further," a corporation official said. After 2004, DU has been paying tax after self-assessment, treating itself as a charitable organisation.