Federal Board of Revenue revised Tax schedule for the purchase of immovable property under section 236-K & for the sale of immovable property under section 236-C as under:
Finance Act 2016-2017
Effective from 1st July, 2016
Value above 3 Million (30 Lacs)
For the purchase of immovable property under section 236-K (Advance Income Tax – Adjustable)
For Filer 2%
For Non Filer 4%
For the sale of immovable property under section 236-C (Gain Tax – Adjustable)
For Filer 1%
For Non Filer 2%
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