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What are the uses of a property tax receipt?

Proof of Tax Payment

  • A property tax receipt confirms that the property owner has paid the applicable tax.
  • It shows the amount paid, the billing period, and the transaction reference number.
  • It is required during audits or municipal verifications.
  • Serves as evidence to avoid duplicate billing or penalty disputes.
  • Helps track tax history for any particular financial year.

Supporting Document for Ownership

  • Though not conclusive, it acts as a supplementary proof of property possession.
  • It supports registered documents like sale deeds in ownership validation.
  • Courts may accept it as evidence of long-term possession.
  • It is used during title scrutiny in loan processing or legal disputes.
  • Authorities may demand it during property mutation and transfer procedures.

Essential for Legal and Government Transactions

  • Needed when applying for property mutation with municipal authorities.
  • Required during property registration and name change processes.
  • Banks and financial institutions ask for it during home loan approvals.
  • Used to obtain government NOCs, occupancy certificates, or building permits.
  • Helpful when availing subsidies or benefits related to property ownership.

Documentation for Sale and Transfer

  • Buyers often request tax receipts to confirm clear dues before property purchase.
  • Absence of receipts may raise questions about the legality of possession.
  • It helps complete the due diligence process in resale transactions.
  • Used to negotiate liabilities between buyer and seller during sale deed execution.
  • Part of the documentation set required by registration offices in some cities.

Record for Dispute Resolution and Claims

  • Used in resolving discrepancies in property records or assessments.
  • Assists in correcting owner name, property ID, or area details in municipal records.
  • Valid in appeals or objections against wrongful tax assessments.
  • Useful in inheritance or succession claims involving legal heirs.
  • Helps substantiate continuous property use in boundary or title disputes.

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