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FBR,

(113798)
Thursday, May 31, 2018 07:03 AM 

Aoa,
I have a question quite similar to the one asked just recently but this is looking at another angle. If i have bought a property well before new laws are implemented and i m a non filer can i sell my property without being a filer. In other words can a non filer sell his property worth more than 5M?

Ahmad replied on Thursday, May 31, 2018 09:21 AM 

WAS Muhammad,

You can sell any property bought however please mind full of Capital Gains Tax which applies to all properties within the last 3 years. Any property held for more than three years have no tax implications.

I trust the above satisfactory.

Thanks

Muhammad Ali replied on Thursday, May 31, 2018 10:32 AM 

JazakAllah Ahmad saab. Thanks.
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