New committee will monitor property tax assessment

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The Chennai Corporation council on Tuesday passed a resolution on constituting a committee for property tax assessment in the city.

Powers for assessment of property over 50001 sq ft in both residential and non-residential have been delegated to Corporation’s Additional Commissioner (Revenue and Finance). The revenue officer will have powers to assess residential and non-residential property over 50001 sq ft in area.

Additional revenue officers or the zonal officers will have powers to assess residential property with built up area in the range of 3001-5000 sq ft and non-residential property of 1001-5000 sq ft. Assistant revenue officers will have powers to assess non-residential property up to 1000 sq ft and residential property up to 3000 sq ft. However, the committee headed by the Corporation’s Additional Commissioner (Revenue and Finance) with City Revenue Officer, City Engineer and two assistant revenue officers at the headquarters as members, will play a key role in assessment.

It will meet on Fridays to review property tax assessments made by assistant revenue officials at any of the 15 zones, and dispose of all the proposals for property tax assessment during the week.

The Corporation’s Additional Commissioner (Revenue and Finance) will also choose cases for random verification to ascertain if a new property has been properly assessed. The Zonal assistant revenue officer will be held responsible for any under-assessment of a property in their area. This initiative is likely to prevent residents from trying to under-assess their newly-built homes or commercial establishments.

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