What the expected date of revised withholding tax on immovable property.
Nobody has any idea or approach for any expected notification from FBR.
Sir jee, your question is not clear.... Like what you want to ask.... Could you clarify it?
Regards
Last week President of Pakistan sign new withholding tax rate on sale and purchase of immovable property. I am not clear what did he sign whether he approved a decrease in % of tax rate or a decrease in the Rates of valuation of immovable properties, and if it is true then when we can expect the new notification from FBR. (advance tax under section236c 236k 236w )
Sir jee, advance tax under 236C and K, have not been modified at all.....
New Section under 236W was introduced to facilitate the buyers for whitening their black money.... So, this new section has nothing to do with normal seller and buyers of immovable property as their tax remains the same as it was earlier.
Regards
Thanks for the clarification Sir.
Welcome sir.
You can pay 3% tax on diff of dc and fbr rate to avoid any difficulty and no threat on source of income query.
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