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Home>> Rules / procedure |
Rules / Procedure |
Company Tax |
Under Section 110 of the City Municipal Corporation
Act 1919 every Private Limited Company and Limited Company which
transacts business within the City in any half year for not less than
60 days in aggregate shall pay Company Tax every half year to the
Greater Chennai Corporation
The Company Tax is liable to be paid twice (Half
Yearly) in a financial year. It is based on the paid up capital of the
company.
The Schedule Rates for the Company Tax are furnished below:
| |
Category paid up Rate of Company Capital in Lakhs |
Rate of Company Capital
in Lakhs Tax from 1-4-93 onwards
(per half year) |
| A. |
Less than 1 Lakh |
Rs.100/- |
| B. |
One Lakh & more but less than 2 lakhs |
Rs.200/- |
| C. |
Two Lakhs and more but less than 3 lakhs |
Rs.300/- |
| D. |
Three Lakhs and more but less than 5 lakhs |
Rs.400/- |
| E. |
Five Lakhs and more but less than 10 lakhs |
Rs.500/- |
| F. |
Ten Lakhs and more but less than 20 Lakhs |
Rs.1000/- |
| G. |
Twenty Lakhs and more |
Rs.1000/- |
Declaration
I
……………………………………………………………….
Proprietor / Managing Director / Partner / Director/ Secretary/
Manager is hereby declared that the particulars called for by the
Revenue Officer, Greater Chennai Corporation, Ripon Buildings, Chennai -
600 003 are furnished as follows:
| 1. |
Name and Address of the Company |
: |
| 2. |
Paid up capitals of the above company in lakhs |
: |
| 3. |
Date and commencement of the above company |
: |
Signature
Name & Address of the Company
(Affix Office Seal)
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