Supersession of S.R.O 126(I)/2019 dated 01.02.2019
SRO 843(I)/2019 is an Income Tax SRO dated 23 July 2019, listed by FBR as "Supersession of S.R.O 126(I)/2019 dated 01.02.2019".
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
Islamabad, the 23rd July, 2019.
NOTIFICATION
(Income Tax)
S.R.O. 843 (I)/2019.- In exercise of the powers conferred by sub-section (4) of section 68 of the Income Tax Ordinance, 2001 (XLIX of 2001) and in supersession of its Notification No. S.R.O. 126(I)/2019 dated the 1st February, 2019, the Federal Board of Revenue is pleased to notify the value of immoveable properties in columns (3) and (4) of the Table below in respect of areas or categories of Rawalpindi specified in column (2) thereof.
(2) The value for residential and commercial superstructure shall be -
(a) Rs.1500 per square foot if the superstructure is upto five years old; and
(b) Rs.1000 per square foot if the superstructure is more than five years old.
(3) In order to determine the value of constructed property, the value of open plot shall be added to the value worked out at sub-paragraph (2) above.
(4) This notification shall come into force with effect from 24th July, 2019.
RAWALPINDI
| S. No | Area | Value of Residential property per marla (in Rs.) | Value of Commercial property per marla (in Rs.) |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1 | Satellite Town | 2,000,000 | 4,000,000 |
| 2 | ChandniChowk | 1,500,000 | 4,000,000 |
| 3 | College Road | 1,500,000 | 4,000,000 |
| 4 | Talagang Road/Defunct Municipal Community Limits) | 1,400,000 | 2,000,000 |
| 5 | Bank Road | 2,200,000 | 9,000,000 |
| 6 | Chaklala Scheme-III | 1,577,000 | 4,000,000 |
| 7 | WahCantt | 1,000,000 | 2,400,000 |
| 8 | West Ridge | 1,876,000 | 3,500,000 |
| 9 | Murree Road | 1,284,000 | 5,000,000 |
Page 2
| S. No | Area | Value of Residential property per marla (in Rs.) | Value of Commercial property per marla (in Rs.) |
|---|---|---|---|
| 10 | DHA-I | 640,000 | 3,500,000 |
| 11 | DHA-II | 550,000 | 4,000,000 |
| 12 | DHA-II Extn | 125,000 | 1,000,000 |
| 13 | DHA-III | 250,000 | 1,000,000 |
| 14 | DHA-IV | 150,000 | 1,000,000 |
| 15 | DHA-V | 310,000 | 3,000,000 |
| 16 | DHA Valley | 100,000 | 500,000 |
| 17 | Executive Meadows Phase III Bahria Town | 450,000 | 2,500,000 |
| 18 | Safari III | 500,000 | 2,500,000 |
| 19 | Phase-I Bahria Town | 450,000 | 2,500,000 |
| 20 | Phase-I Extension Bahria Town | 320,000 | 2,500,000 |
| 21 | Phase-II Bahria Town | 450,000 | 2,500,000 |
| 22 | Phase-II extension Bahria Town | 225,000 | 2,500,000 |
| 23 | Phase-II S Bahria Town | 450,000 | 2,500,000 |
| 24 | Phase-III Bahria Town | 450,000 | 2,500,000 |
| 25 | Phase-IV Bahria Town | 450,000 | 2,500,000 |
| 26 | Phase-V Bahria Town | 450,000 | 1,600,000 |
| 27 | Phase-VI Bahria Town | 450,000 | 1,400,000 |
| 28 | Phase-VII Bahria Town | 270,000 | - |
| 29 | Phase-VIII Bahria Town | 250,000 | 1,000,000 |
| 30 | Bahria Golf City | 600,000 | 1,100,000 |
| 31 | Commoners Sky Garden | 180,000 | 250,000 |
| 32 | Commoners Flower Valley | 250,000 | 350,000 |
| 33 | Askari I | 550,000 | - |
| 34 | Askari II | 550,000 | - |
| 35 | Askari III | 550,000 | - |
| 36 | Askari IV | 550,000 | - |
| 37 | Askari V | 550,000 | - |
| 38 | Askari VI | 650,000 | - |
| 39 | Askari VII | 550,000 | - |
| 40 | Askari VIII | 550,000 | - |
| 41 | Askari IX | 550,000 | - |
| 42 | Askari X | 550,000 | - |
| 43 | Askari XI | 650,000 | - |
| 44 | Askari XII | 650,000 | - |
| 45 | Askari XIII | 650,000 | - |
| 46 | Askari XIV | 450,000 | - |
| 47 | Askari XV | 450,000 | - |
| 48 | Top City | 300,000 | 1,500,000 |
| 49 | Mumtaz City | 300,000 | 1,500,000 |
| 50 | Gulberg Greens | 350,000 | 2,500,000 |
[F.No. 1(121) R & S /2017]
(Syed Hassan Sardar)
Secretary (Rules & SROs)
Which SROs does the title refer to?
- SRO 126(I)/20191 February 2019Revision of Value of Immovable Properties of Rawalpindi
Which later SROs refer to this one?
SROs whose FBR title names SRO 843(I)/2019, usually to amend or rescind it.
- SRO 1376(I)/201913 November 2019Amendment in S.R.O 843(I)/2019 dated 23.07.2019
Related Income Tax SROs on amendments to earlier sros
- SRO 847(I)/201923 July 2019Supersession of S.R.O 130(I)/2019 dated 01.02.2019
- SRO 845(I)/201923 July 2019Supersession of S.R.O 128(I)/2019 dated 01.02.2019
- SRO 844(I)/201923 July 2019Supersession of S.R.O 127(I)/2019 dated 01.02.2019
- SRO 842(I)/201923 July 2019Supersession of S.R.O 125(I)/2019 dated 01.02.2019
- SRO 841(I)/201923 July 2019Supersession of S.R.O 124(I)/2019 dated 01.02.2019
- SRO 840(I)/201923 July 2019Supersession of S.R.O 123(I)/2019 dated 01.02.2019