Property Buying and Reporting in Tax Return | DC Rates | Actual Rates | FBR Rates | Valuation | FBR

[@farhansiddiqui9067]

Your lectures are comprehensive, very informative and the way to teaching is excellent. I usually watch it .

[@faheempracticallearning]

@@farhansiddiqui9067 👍

[@hasanmunir7330]

Faheem, bohat acha topic choose kia. Very well done.

[@faheempracticallearning]

@@hasanmunir7330 👍

[@gamingbyshameer]

Anyway your lectures are very relevent and easy to understand. Thankx for enlightening.

[@faheempracticallearning]

👍

[@shujaatkamrankhan6519]

I am impressed the way you explained Mr. Faheem . I have a question regarding Files a file is booked with advance payment and we gave Instalments after some certain period of time we receive allotment but not possession ( Should we report at the time of allotment ) or at the time of Possession ? Or what is better way to report in Returns. Or take it as topic to address the sale purchase in societies and their impact on returns.

[@AR.K.051]

Succession tranfer kay baad immediately sale pay capital gain tax kasay kis tarah calculate hou ga

[@brothersartsshorts8060]

AOA, By mistake 236K ki Jagah 236C likhdiya hai. 700,000/- par 236 K ki example banti hai.

[@faheempracticallearning]

W.salam yes may b

[@Nadeemkhalid-c7s]

Good work Faheem sb

[@faheempracticallearning]

@@Nadeemkhalid-c7s 👍

[@AshrafPrasla]

Sale deed kis value pe banani chahiye ? Actual ya DC value pe ? DC value Kam hai sale deed registry DC value pe ho and Declaration Actual value pe Karne per FBR Sale deed pe sawal kar sakta hai ?

[@salmanhameed4176]

Punjab housing and town planning Ki b transfer pr koi video bana dain

[@KanwalKhanZA]

Good Luck sir .............. I have a question if a plot has its two equal values DC Rate = FBR Rate but its actual value is lesser than both DC rate and FBR.i.e DC Rate = FBR Rate > Actual value then what we should done because your this considering video is all about greater than actual value

[@AshrafPrasla]

Sale Deed mein consideration value kam hai and declaration zyada ka karne per FBR Sale Deed value pe sawal utha sakta hai ? Kyu k sale deed mein likha hota hai ki sale DC value pe huya hai

[@Ifnsmmm7406]

Good jnb.....

[@faheempracticallearning]

👍

[@nadeemahmed3295]

Sir tusi great o❤❤❤❤❤❤

[@faheempracticallearning]

👍

[@amanalam7866]

Inheritent property sale k bad shares amount jo distribute hogi to heirs ko jo amunt milti he us k share ki us par usko tax dena he ?

[@AbdulSattar-hc8gm]

Great sir

[@faheempracticallearning]

👍

[@ABDULREHMAN-xh8gh]

Sir plz share SRO . I think there is no SRO issued till now related to 15% gain tax on sale of property even after 1 month

[@faheempracticallearning]

Read Finance act 2024, it was added in budget. Section 37 Income tax

[@creativeuniverse7]

1 question ha, sir 5 Marla plot ha jo 2 bhaiyo k ha, 2.5 marla 1 ka, agr koi 1 sale krna chahay apna hissa to usko FBR ka rate kya lgay ga? FBR rate us area ka 3 Marla,7 Marla,10 Marla category k hisab se ha, to poochna ye tha k 3 Marla wali Slab ka rate lgay ga ya 7 Marla wali, 3 Marla category ka rate sb se kam ha hissa 2.5 Marla bnta ha but overall ghr 5 ka ha

[@shahabdmc7928]

Please tell me that when selling a property that was purchased more tthan 10 year back with value shown on DC rate. What value should be shown on tax return? 1 - If shown on FBR rate with CGT paid on gained amount, what one should do with the extra amount above FBR value? Where and how the money should be kept so that FBR does not raise question? 2- Should a person show the actual sale value and pay the large amount of CGT, to have peace of mind?

[@ShGhori]

AoA, what I got from this lecture that property value be kept according to DC value or fbr value for banking transactions and rest in form of cash, the question arises where to keep that big amount or spend, secondly is anyone allowed for cash receipt/ payments for sale purchase?

[@xpertconsulting7933]

Payment u/s 236C and 236K is at Fair Market Value and FMV under ITO is defined higher of FBR value or actual proceeds. What to Do now ?

[@hafizwaqas1593]

Sir jo apne btaya hai actual 1 million ki property purchase ki aur tax 7 lacs pe pay kiya aur report kiya, ye to bta dain jo baqi 3 lacs cash pay karain gay wo wealth mai kaisay report karain gay, farz karain hamary pas koi cash nahi para aur hm bank se cash withdraw kara k baqi 3 lacs cash pay krty hain to FBR ye b to puch sakta hai k ye 3 lacs cash withdraw ap ne kahan use kiya hai, farz karain 3 lacs cash loan ly k hm ne pay kiya to ye loan b to hamain wealth mai declare krna ho ga, ab ye kaisay report karain gay k ye loan hm ne kahan use kiya hai?

[@frazsafdar4052]

Aoa.2020 ma prpoerty sale ki .5 crore ki .customer ne registery kum rate ki krwai.ab bank statment tax return ma kese show kren bcz amount zada show ho rai bank statment ma

[@umerg2392]

Is there gain tax on constructed property from 1st july 2024

[@gamingbyshameer]

How should we report old purchased property for next FY. And also inherited or gifted one. Pl guide

[@faheempracticallearning]

Wait for next , of reporting of inherited in tax return

[@muhammadsadiq6625]

Assalam walekum Sar ji agar plant tabdil karna ho to uska Kya tarike kar hai. Kya registry karvaye bagair tab Delhi ka koi tarika hai

[@FPSC-PPSC-Exams]

must be reported separately for exchange in real ownership.

[@ShakeelAhmad-mq9do]

Sir If both Dc rate and FBR rates available than tax under 236 c will be paid on fbr value? But on e stamp paper DC rate is mentioned

[@faheempracticallearning]

use option 1 or 2 any you can use, now need to check from where, how much payment done from bank, this need to check and consider

[@ShakeelAhmad-mq9do]

Sir FBR valuation show only land rate how can be value of covered Area can be assessed to ascertain the total value of property as FMV

[@faheempracticallearning]

Yes, good question, later in lecture I will explain

[@tamharmubariz6536]

Bro 6 sal wali story finish Fbr main yey old method kyn bta rhy ap . 5:08 min

[@faheempracticallearning]

because, if property acquired, before, June 30, 2024, thn old rates, peoples still filing tax return of previous years,

[@dearali5664]

A.o.a.sir mery consultant ne mery file return mian 5 marla property ki value.5100000 put ki hy.lekin actual value.5 se 6 lakh banti hy.wo kehta tha es ka koi issue ni . Es ka koi issue to ni bany ga

[@sens721]

If a plot purchase in 2017 but didnt get a possession to date. If we sell that plot shall we pay tax?

[@faheempracticallearning]

@@sens721 acquisition date means, the date at which ownership transferred

[@hussainsyef996]

Cash payment ni hogi bhai...konsi property1.0m ki ha...real example dan r phr cash wala mamla dekhn kesy krn gy.q k 5.0m sy zeyada cash ni hisakta....rep plz

[@MuhammadUmar-sp1sq]

thanks Sir

[@faheempracticallearning]

@@MuhammadUmar-sp1sq 👍

[@Carspak322]

Tax paid on FBR value but I want to declare higher actual cost in wealth statement. I could under stand from your vedio that I can declare it on higher actual cost in wealth statement. Pl reply

[@quteauz]

AoA. If someone purchased a property in which they are living 20 years ago. While submitting their first tax return, what value should be declared ? Is it the current value or the value when it was purchased 20 years ago. Many thanks.

[@muhammadrameez8201]

as sir umair explaind better report on fair market value(FBR value)

[@tanveerahmadkhanlodhi6791]

Sir really looking for this topic, you are great, i have little confusion and want to know answer from you, i purchased plot 10years ago and declared on amount mentioned on registry, should i update it with FBR rate which is greater. Thanks sir.

[@saadjamil12]

In your case your capital gain on sale of property is exempt. Jo loog 1st July 2024 k bad new purchase kr rahy hn unk lea management samjhai gai hai...

[@asadqasim8776]

If i pur a prop on 10 lac, fbr val 7 lac, when i sale it 15 lac and that time fbr val 10 lac so how capital gain will be calculated, assume i reported actual sal n pur value in the return

[@afzaldogar979]

Purchase at DC rate and declare at higher actual rate. Please describe law

[@faheempracticallearning]

Already explained

[@abdulsami1754]

sale konse rate per hogi ?

[@faheempracticallearning]

Already explained, pls watch complete lecture.

[@abdulsami1754]

@@faheempracticallearning fbr value at 236C rates

[@makhdoom3190]

2024 sy agay gain tax 6 saal bad nill hai?

[@faheempracticallearning]

@makhdoom3190 no, even sale in any year fix rates 15%

[@sikandarraza7806]

FBR VALUE PAR 236 C PAY KAYYA HA FBR VALUE 10000 PAR SQUARE YARDS HA PAR MARKET PRICE 100000 PAR SQUARE YARDS HA TO KAYSE KOI SHOW KAREY GA GAP ZAYDA Ha

[@faheempracticallearning]

how much from bank paid?

[@sikandarraza7806]

@@faheempracticallearning Sir All Payment Piad Bay PayOder From Bank But Payment Was In 2018

[@bilalhussain8605]

Are you still teaching Pakistan taxation, including e-filing? I reached out to the number in the description and sent the cart twice to get the price, but I haven’t heard back from you.

[@faheempracticallearning]

Yes course available, mention your number

[@bilalhussain8605]

@@faheempracticallearning I shared my phone number twice, but I think KZbin must have deleted those replies.

[@shahabdmc7928]

Please make a video about how to report selling of property that was purchased more tthan 10 year back with value shown on DC rate. What value should be shown on tax return? 1 - If shown on FBR rate with CGT paid on gained amount, what one should do with the extra amount above FBR value? Where and how the money should be kept so that FBR does not raise question? 2- Should a person show the actual sale value and pay the large amount of CGT to have peace of mind?

[@naseerahmad6944]

Sir MN ne 2014 MN property DC rate per purchase ki thi ab MN sale krna Chahta hn mjy Kon Kon say taxes parain gy plz must reply

[@makhdoom3190]

236c at fbr value

[@AbuBakerChoudry]

Inherited Property ko 0 Value se declare karty hain just Wealth Statement m, isn't it..?

[@mianabdulsattar8322]

If we purchase property on 10 lac but pay Challan of 236k in rupees 7 lac Is there any issue that fbr rise that we must have to pay 236k tax on 10 lac just because that was our actual purchasing price instead of paying fees on fbr market evaluation 7lac Regards:

[@umairsafder6861]

Aoa sale tex invoice link

[@aishsahil]

236c for sale and 236k purchase

[@faheempracticallearning]

@@aishsahil yes both ways, we need to think, sale and purchase

[@cartoon462]

Installment pa Jo files purchased ha 30 june sa pehla uss pa bhi 6 year slab apply hoti ya flat 15%

[@faheempracticallearning]

If 100% ownership transferred, before 1st July 2024, thn after 6 years no tax, otherwise need to pay

[@Faisalkhan-ys3xx]

❤😍😘

[@faheempracticallearning]

@@Faisalkhan-ys3xx 👍

[@perveziqbal1290]

Sir FBR rate is Rs11000/- per sq yds of constructed property of 120 sq yds.Its means FBR value of property is 1320000/-..But actual rate or market rate is 22000000/- (RS22 million ).At which rate purchase will pay 236k and which amount should be shown in return...Please please let me guide briefly...THANKS

[@gamewithmughal9985]

Fbr rate