Hyderabad: The officials of the Nizampet Municipal Corporation on Monday issued notices imposing a fine of Rs 24 crore on SLG Hospitals located in Bachupally, for submitting false details in the application for self-assessment of property tax.
According to the officials of the Corporation, the authorities of the hospital claimed that the total built-up space on a four-acre land parcel was 32,300 square feet, when in reality it is 10 lakh square feet with nine floors including two cellars and a ground floor. The officials of the Corporation, which conducted the inquiry, said that the hospital had filed incorrect property tax returns.
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According to the Telangana Municipal Act, if the details provided by the applicant are incorrect, a fine 25 times the value of the property will be imposed. According to this, a sum of Rs 24 crore has been imposed on the hospital, the officials said.