Dear Bilal,

I do strongly suggest that you declare all your assets in your wealth return. It will save you a lot of hassle in future . Declare all you have now , plots you have purchased on installments are yet not in your name however you can declare that you are buying them and paid a certain amount for them.

If you have purchased these plots using foreign remittance than everything you own is white and you have nothing to worry. However if it is from income from Pakistan than this is the right time to declare them as presently FBR is more relaxed about this and just wants more people to declare it voluntarily.

Jazak Allah

Dear sir,

It is advisable to declare all your assets to avoid any hassle in the future and if it’s through proper banking channel and via foreign remittances you don’t have a thing to worry about. The instalment plots would be declared but on instalments.

warm regards,