![]() Gifts received through a will or through inheritance as well as gifts to parents from their NRI sons and daughters through their NRE account were also under the Gift Tax exempt list. ![]() The Punjab Urban Immovable Property Tax (UIPT) is levied under the Property Tax Act of 1958. Much to our surprise and delight, it has. Urban Immovable Property Tax Act 1958 Pdf Converter THE+PUNJAB+URBAN+IMMOVABLE+PROPERTY+TAX+RULES+1958.doc - Download as PDF File (.pdf. Where the value of immovable property is recorded. 3 The Capital Value Tax on immovable property referred to in sub-section (1) shall be charged at the following rates:- A Residential immovable property (other than flats), situated in Sindh. Gifts that were received from relatives for marriage, including gifts to the daughter in law from the bridegroom’s parents, and gifts to the son in law from the bride’s parents were also exempt from tax. Our original charge was to create a manual that would be useful to the taxpayers and selectmen of. Immovable Property Act, 1958 and includes property items as shown in sub-section (3). Acceded with effect from 15t April, 1958. 20th March, 1883, for the Protection of Industrial Property. (a) a rating area under the Punjab Urban Immovable Property Tax Act, 1958 (V of 1958) (b) the area already declared as an urban area under the Punjab Finance Act, 2010 (VI of 2010) (c) any other area which the Board of Revenue may, by notification, declare as an urban area. Security for costs and taxation of costs. Urban Immovable Property Tax Act 1958 Pdf Download Torrent. Gift Tax was also not applicable in case of the transfers of immovable property that were situated outside the country. Urban Immovable Property Tax Act 1958 Pdf Download Free. In case of the exchange of gifts between blood relatives, irrespective of the value of the gift, Gift Tax was not applicable. There were certain exemptions that were allowed under the Gift Tax. ![]()
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