PROPERTY owners of the DHA, Karachi, are being asked to pay CVT, as well as advance/transfer tax, when they approach for registration of ‘B’ or ‘C’ lease.
This is unjustified in view of SRO 30(I)/2015 by the FBR and Sindh Revenue Board orders, which clearly state that the above-mentioned taxes are to be collected only in case of purchase or transfer of property and, therefore, are not leviable on existing lease (holders of A lease).
But when people approach the relevant registrars for a mere change of document to B or C lease, they are asked to pay taxes which are not applicable.
The authorities concerned should direct the sub-registrar, Defence Housing Authority, to refrain from subjecting people to unnecessary hardships and register their documents without any further delay.
Moreover, the CVT collected unjustifiably should be refunded.
S. Z. H.
Karachi
Published in Dawn, March 27th, 2015
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