The property tax department of the Thane Municipal Corporation said one of the property tax defaults was Korum Mall, which reportedly defaulted by ??8.50Cr of property tax. Authorities at the mall, however, denied the allegations and said the amount was in dispute and the case was pending.

With the exhaustion of civic coffers, the Thane Municipal Corporation (TMC) is now focusing on collecting property taxes from major defaulters.

The Property Tax Department has informed that one of those defaulters is the Korum Mall, which is said to have defaulted to the tune of ??8.50Cr of property tax. Authorities at the mall, however, denied the allegations and said the amount was in dispute and the case was pending.

A team of city officials was also in the mall earlier this week to notify mall authorities to settle the amount.

An officer who requested anonymity said: “The default amount of over ??8.50Cr relates to both last year and the current year. We met with the mall authorities who told us that they will erase the tax in installments as it is not possible to erase the entire amount in one go. We have asked them to give us a letter informing us when they will clear the amount. “

The mall, in its statement, said: “Korum Management has filed a petition with the Bombay High Court for instructions against TMC to grant the benefit required under the law and also to allow the amount to be adjusted. surplus already paid by the company for property tax in recent years. The alleged property tax claim, if any, is contested and the case is pending and pending in the Bombay High Court. “

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