This document contains amendments made in relevant laws through Finance Act, 2019 (i.e. Tax year starting from 1 July 2019 to 30 June 2020) in Income Tax, Sales Tax, FED and Customs law.
We at Sharjeel Ayub & Co (Sayub) made an effort to present above mentioned amendments in simplest possible form so that readers get an understanding for proper tax planning.
Sayub comments contained in the documents represent our views / interpretations of the amendments therefore should not be taken conclusive on legal ground without our prior advice.
We sincerely believe that this document is simple and as precise as possible nevertheless, you may ask for further details by contacting us.
Dr. M. Saeeduddin Khan
5 years agoThis is a query rather than a comment. Is elderly citizen rebate of 50% applicable on tax on income from property?
Sharjeel Ayub
5 years agoDear Dr. M Saeeduddin Khan,
There is no rebate applicable against income from property
Dr. M. Saeeduddin Khan
5 years agoThanks for your reply, I appreciate.