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Respected Sir ,

Hm ne aik property li thi dec 2016 main multan road per or uski registry hoi h Rs.3900000/- or 4 month badd wo sale kr di h 16000000/- ab capital gain tax kese caluculte karain ge or registry kerwate wakat hm ne u/s236k ka 2% tax bi pe kia hoa h kia ye tax adjustable h capital gain tax ke.

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Dear Umer,

236 K is adjustable as income tax so yes it can be adjusted , as for CGT you will have to pay 5% between the difference of both prices if purchased before 1st july 2016 and 10% if purchased and sold after 1st July 2017.

Jazak Allah

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