Taxation on capital gains arising from compensation for acquisition of property
Jan 30, 2024
SRO No. 17-AIN/Income Tax-24/2024
The National Board of Revenue, under the Income-tax Act, 2023 (Act No. 12 of 2023), sets the amount of tax deducted at source for capital gains arising from compensation for acquisition of property as the final tax liability for 2023-2024 and exempted from payment any additional tax arising against the income earned from capital gains arising from compensation for acquisition of property