FTO DECLINES BLANKET RELIEF ON DEEMED INCOME TAX (SECTION 7E)
FTO DECLINES BLANKET RELIEF ON DEEMED INCOME TAX (SECTION 7E)
The Federal Tax Ombudsman has refused to extend across-the-board relief on deemed income tax for immovable properties in Punjab. The complainant sought parity with taxpayers who had received interim relief from the Supreme Court, arguing equal treatment under Article 25 of the Constitution. However, the FTO held that once the Supreme Court of Pakistan has already issued directions, tax authorities are bound to follow them strictly, and the Ombudsman cannot widen or generalize that relief on its own. The case was therefore closed without further investigation.
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Excellent session! I feel much more confident about managing my taxes now.
The Q&A segment was especially helpful. All my questions were answered patiently.
The speaker explained complex tax topics in simple terms. Great job!
A well-organized event with valuable insights into new tax regulations.
I’ll definitely recommend this session to my colleagues and friends.
The Q&A segment was especially helpful. All my questions were answered patiently.
Very relevant course for everyone & the speaker was very knowledgeable.
General information communicated in a organised way
Overall session been informative.
Helpful insight was provided by the presenter
It was knowledgeable and helpful.
Good session.. simply explained and to the point
