Tax on sale of immovable property during Tax Year 2022
The rates of income tax on sale of immovable property during tax year 2022 to be applicable under Second Schedule of Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following are the rates on sale or transfer … Continue reading Tax on sale of immovable property during Tax Year 2022
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