Hey viewers. Today's video incapsulate the capital gain tax on sale of immovable properties in Pakistan, administered by FBR through ITO 2001.
The Federal Board of Revenue (FBR) has made significant changes in the Income Tax Ordinance 2001 through the Finance Act, 2020 for taxation of the capital gain on the disposal of immovable property.
Circular 03 of 2020 has made significant changes to Income Tax Ordinance 2001, including Capital gain Tax computation.
Hope you find the video useful. Good luck
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For updates on Capital Gain Tax on immovable properties as per new Finance Act 2021, please click on the link below:
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