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Lahore Real Estate Forum: Property News & Community Talk : ,

(95441)
Wednesday, February 3, 2016 03:42 AM 

Dear Friends, can you please advise if a father gifts a plot in DHA Lahore to his son, then son has to pay ADV Tax in order to complete transfer procedure.

Extract from DHA's website, where answer is not clear,

"10.Advance Tax Payment receipt (if applicable)."

Appreciate your help,

Regards,
Abid

Ali replied on Wednesday, February 3, 2016 10:12 PM 

Advanced Tax is applicable in HIBA transfer if the DC value of the property is above 3 million ruepees else no need
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