May
9
2019-2020, Budget, Taxation
ACCA suggests making FBR immovable property values in line with fair market value to stop asset undervaluation
KARACHI: Association of Chartered Certified Accountants (ACCA) Pakistan has urged the Federal Board of Revenue (FBR) to bring the immovable property values in line with fair market values to discourage under-valued asset declarations. In its tax proposals for budget 2019/2020, the association said that there is a general tendency to undervalue assets leading to tax […]