The
Islamabad High Court (IHC) on Wednesday has suspended the verdict of 200 percent increase in
Islamabad Property Tax and ordered
Islamabad Metropolitan Co
rporation to collect the propert
y tax as per the old tax rates. Jus
tice Mohsin Akhter Kiani issued the reserved verdict of the case and ordered tax collection is not the ambit of the Capital Development Authority (CDA) and only Metropolitan Co
rporation will collect the tax property tax. The court has also directed to conduct an audit of CDA’s collected tax since 2015. The IHC earlier accepted the petitions regarding the increase of propert
y tax in
Islamabad that was filed by Jamat-e-Islami and other citizens of
Islamabad Capital Territory (ICT), the TV channel reported. It is pertinent to note that Metropolitan Co
rporation
Islamabad (MCI) approved the increase in propert
y tax in 2018 making it applicable from July 1, but tensions bet
ween the MCI and Capital Development Authority (CDA) over who would control the revenue directorate responsible for collecting propert
y tax meant that the distribution of propert
y tax bills was delayed.
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