As salam u alaikum
I have couple of shops in a Plaza in Rawalpindi Murree road. The Shops are not yet transfered to my name as some work is still remaining.
I tried to give them to some party on a very nominal rent as there was a delay from the Plaza side.
There is no registry of shops in my name. But the Tax Department sent me a notice of almost Rs. 6000/= per year Tax. Is it justifiable?
Please advice that whether we are liable to pay tax without having any registry in our name?