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