Suspending operations of SRO 2392(I)/2025 dated 08.12.2025 till 31.01.2026 or issuance of a revised SRO
Notification - No.2/15/2024/R&S is an Income Tax SRO dated 16 December 2025, listed by FBR as "Suspending operations of SRO 2392(I)/2025 dated 08.12.2025 till 31.01.2026 or issuance of a revised SRO".
FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.
Page 1
Government of Pakistan
Revenue Division
Federal Board of Revenue
Inland Revenue Policy Wing
No. 2/15/2024/R&S
Islamabad 16.12.2025
NOTIFICATION
Whereas, valuation tables were revised for the whole of Pakistan on 29.10.2024 except for District Islamabad, due to a pending FTO complaint. Subsequently, SRO 2392(I)/2025 dated 08.12.2025 was notified for the fair market values of immovable properties of Islamabad.
However, the Real Estate Associations and others approached FBR to revisit the table as certain areas reflected values which were higher than the actual market values.
Whereas, some of the cases were examined and some of the objections raised by the Real Estate Associations were found to be correct.
Therefore, it has been decided to re-evaluate the valuation table for District Islamabad.
Hence, SRO 2392(I)/2025 dated 08.12.2025 is hereby held in abeyance till 31.01.2026 or issuance of a revised SRO notifying fair market values of immovable properties of Islamabad, whichever is earlier.
In the intervening period till 31.01.2026 or issuance of a new SRO for Islamabad whichever is earlier, SRO 1180(I)/2022 dated 27.07.2022 as amended by SRO 1610(I)/2022 dated 25.08.2022 will remain in the field.
This issues with the approval of the Competent Authority.
(Syeda Maimoona)
Second Secretary (Rules & SROs)
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- SRO 1382(I)/202617 August 2026Further Amendments SRO 1728(I)/2024 dated 29.10.2024
- SRO 1335(I)/20267 August 2026Income Tax Property Valuation SRO 1335(I)/2026, dated 07.08.2026 to further amend SRO 644(I)/2026,dated 16.04.2026
- SRO 455(I)/20265 March 2026Further amendments in S.R.O 1216(I)/2025 dated 08.07.2025
- SRO 332(I)/202624 February 2026Amendments in Notification No. S.R.O 163(l)/2026 dated 02-02-2026
- SRO 256(I)/202611 February 2026Amendment in its Notification No. S.R.O 1712(I)/2024 dated 29th October, 2024 (Property Valuation - Sialkot)