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Nearly 12m file tax returns solely for property, vehicle transactions

ISLAMABAD: The Federal Board of Revenue’s (FBR) astonishing data disclosed that nearly 12 million income tax return filers have filed returns only to carry out one-time financial transactions for purchasing/selling immovable properties/vehicles. Sources said that the FBR’s system constantly issuing notices to registered persons ( about 12 million of them - who registered and became filers for a…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Nearly 12m file tax returns solely for property, vehicle transactions (opens Business Recorder in a new tab)

    ISLAMABAD: The Federal Board of Revenue’s (FBR) astonishing data disclosed that nearly 12 million income tax return filers have filed returns only to carry out one-time financial transactions for purchasing/selling immovable properties/vehicles. Sources said…

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