FBR Building

FBR extends date for providing deemed property income details till December 31

ISLAMABAD: Federal Board of Revenue (FBR) has extended the date for providing details of deemed income of immovable property up to December 31, 2022, where annual returns have already filed. In this regarding the FBR issued SRO 2052(I)/2022 on November 22, 2022 to introduce draft amendments to Income Tax Rules, 2002. Through the draft rules, […]

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KTBA President Jafri

Calculating property valuation uphill task in completing tax return: Rehan Jafri

Calculating valuation of immovable property for deemed income under Section 7E of the Income Tax Ordinance, 2001 is remained an uphill task in completing income tax return for tax year 2022. Syed Rehan Hasan Jafri, President, Karachi Tax Bar Association (KTBA) expressed these views while talking to PkRevenue.com. He said that only couple of days […]

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