
Jeyan Law Associates
R MANIMARAN
16 Years Exp
Property Tax Payment (Show More)
Madurai , Madras High Court Madurai Bench
View Answers by this Partner (0)
Profile Views : 33145
Information
Overview
A property tax is a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality. Multiple jurisdictions may tax the same property. This is in contrast to a rent and mortgage tax, which is based on a percentage of the rent or mortgage value. There are four broad types of property: land, improvements to land (immovable man-made objects, such as buildings), personal property (movable man-made objects), and intangible property. Real property (also called real estate or realty) means the combination of land and improvements. Under a property tax system, the government requires and/or performs an appraisal of the monetary value of each property, and tax is assessed in proportion to that value. Forms of property tax used vary among countries and jurisdictions. Real property is often taxed based on its classification. Classification is the grouping of properties based on similar use. Properties in different classes are taxed at different rates. Examples of different classes of property are residential, commercial, industrial and vacant real property.[1] In Israel, for example, property tax rates are double for vacant apartments versus occupied apartments.
Photos
Name : R MANIMARAN
Law Firm Name : Jeyan Law Associates
Country : India
City : Madurai
State : TAMIL NADU
Practicing Since: 2009
About Your Firm : We can solve any legal problems. We provide service in criminal cases, civil cases,Writ matters, motor accident cases, NI Act cases and appeal cases etc., We also provide legal opinion.
Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
---|---|---|
R.Manimaran | MS663/09 | TAMILNADU |
Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
M. Sangeetha | MS2829/08 | TAMILNADU |
Legal & Drafting
NRI Services
No Answers Found