Aoa,
Hello experts !
Few weeks before i won a 200 yards plot in pakchina town from a famous live tv show.
Now i got a congratulation letter gate pass from program organizer and advised to contact "atlas builders & ivision marketing" nearing gulshan -e-iqbal block 13-b .
On his website they mentioned cost of 200 yards plot 550000.
According to terms & condition mentioned on congratulation letter the plot can't be sell / refundable and taxes amount should be deposit with in 15 days after getting the above letter.
Now they are demanding to deposit according to cost 550000 x 25 % = rs 125,000 for taxes right now .
So i need your opinion what should i do???
Fahim Sb,
sorry dear, I don't have any info about this scheme.
Regards
What type of tax is this? I think anything below 2 million is exempt from tax and 25% is a huge percentage by the way.
Don’t know what taxes they r applying in fact the actual land worth is zero but they mentioned on site @550,000 and I think they just want to grab the amount from public by charging percentage even when I told him just deduct the tax + other charges from the total cost and return remaining amount but they refused and finally answered if you will not deposit the taxes the plot will be cancel and after that no objection will be entertained
Don’t know what taxes they r applying in fact the actual land worth is zero but they mentioned on site @550,000 and I think they just want to grab the amount from public by charging percentage even when I told him just deduct the tax + other charges from the total cost and return remaining amount but they refund and finally answered if you will not deposit the taxes the plot will be cancel and after that no objection will be entertained
Kindly confirm first what this tax type is.
And where is this society by the way?
Fahim Sb,
How you can say that land worth is ZERO?
Regards