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Immovable Property Tax

Pakistan Property Tax Section 7E PTBA Demands End to Discriminatory Enforcement

Pakistan Property Tax Section 7E: PTBA Demands End to Discriminatory Enforcement

Recent developments in Pakistan’s property tax system have sparked debates among taxpayers, legal experts, and real estate investors. The focus is on Section 7E of the Income Tax Ordinance, 2001, which imposes a tax on deemed income from immovable properties. The Pakistan Tax Bar Association (PTBA) has formally demanded that the Federal Board of Revenue (FBR) end what it calls discriminatory enforcement...