Lahore: The Supreme Court (SC) has iterated that the cantonment board can’t charge value of tax on immoveable property transfers different from as determined by federal and provincial governments, a news source reported.
The SC bench, headed by Justice Umar Ata Bandial, heard the
appeals of four cantonment boards. These included boards of Abbottabad, Wah
Cant, Chaklala, and Rawalpindi. The cantonment boards filed an appeal against a
verdict issued by the Lahore High Court (LHC).
The SC noted that the cantonment board were charging a value of tax on immoveable property transfers different from amount determined by district collector. The court has ordered to timely resolve the anomaly .
As per law, the value of tax for immovable property transfers is calculated according to valuation table issued by the district collector for the immovable properties in the localities.
Meanwhile, the cantonment boards informed the court that a
SRO issued on December 26, 1973 allowed the board to determine the value of tax
per their own assessment. They added that this notification allows this
determination as the value notified by the revenue officer didn’t consider the
market value.
Pls tell me the citation as to the above judgment
You can run quick google search for citation. We don’t quote sources here.