Immovable Property Flashcards

1
Q

Withholding from Seller and Buyer of Property

A

Seller-236C – 1% of Consideration; Not applicable property holding>4 years; First sale by original allottee or dependent of Shaheed/Govt employee. MTR-if sales/purchase within same year otherwise NTR

Purchase – 236K– 1% of FMV; Not Govt scheme for expats. NTR/Adjustable

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