If a plot in Phase 9 Prism purchased before One year and it installments are still being deposited with DHA Lahore, Will there be advance tax u/s 236C applicable in case of sale of this plot.
Yes, you will have to pay advance tax.
1% (45000) if you are filer and 2%(90000) if you are a non filer.
Jazak Allah
please share the current details of sec 236 c and 236k in finance act 2022 on transfer or purchase of immovable property
I would like to know about advance tax rate for non filer. Someone told me that it has been increased from 5 to 7%. Is it true? Secondly what is the valuation amount of dha phase 5 block b extension.
Thanks
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