S.R.O. 669(I)/2006, Islamabad, the 28th June, 2006

SROS: S.R.O. 669(I)/2006, Islamabad, the 28th June, 2006 STATEMENT REGARDING TRANSFER OF PROPERTY S.RO. 669(I)/2006, Islamabad, the 28th June, 2006:- In exercise of the powers conferred by sub-section(1) of section 237 of the Income Tax Ordinance, 2001(XLIX of 2001), the Central Board of Revenue is pleased to direct that the following further amendment shall be made in the Income Tax Rules, 2002, the same having been previously published as required by sub-section(3) of the said section. In the aforesaid Rules, in the Second Schedule, after Part XI, the following shall be added namely:- Part-XII Statement regarding transfer of property 1) The following monthly statement shall be filed by every person responsible to register or attest the transfer or right to use of immovable property(other than agricultural land), located in urban area, if it is; measuring at least 500 sq. yards or one kanal, whichever is less; or a residential flat with covered area measuring 1500 sq. feet and above; or a commercial property of any size; Statement regarding transfer of properties- for the month of 200 s. No. Name and address * National Tax Number of the buyer Name of the seller Address of the seller of the buyer (1) (2) (3) (4) (5) * National Tax Number; of the seller Full particulars and location of property Value of the property as per deed of registration Date of Registration (6) (7) (8) (9) * CNIC number, in case NTN is not available. I hereby certify that the above statement contains complete information regarding attestation/registration of properties, located in urban area(other than agricultural land), measuring at least five hundred sq. yards or one kanal, residential flats with covered areas measuring 1500 sq. feet and above, and commercial properties for the month of 200. Name and Designation Signature Address_ Date (Seal) 2) For the purpose of this statement urban area means area falling within the limits of:- i) the Islamabad capital territory; ii) a cantonment board; or iii) a municipal body; iv) in case of Karachi up to 40 kilometers from the outer limit of municipal or cantonment limits; v) in case of Lahore and Faisalabad up to…