The term “Hindu undivided family” has not been defined under the income- tax Act. Under the Income- tax Act, a Hindu undivided family is treated as a separate entity for the purpose of assessment. Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. BMW has famously declared that sports cars are all but dead, but at some point they must have said “fuck it” to team up with Toyota and bring us a new roadster. All transactions in Indian real estate sector are governed by various laws enacted by the Central Government of. Protection against eviction and fixation of fair rent. Tax in India - Income Tax, Professional Tax, Wealth Tax, Service Tax. Property Tax Schedules of Different Cities:. For this purpose all the Cities (notified as rating areas) of the Provinceof Sindh have been divided into five Groups and these groups are further bifurcated into four zones accordingto their socio- economic condition of the localities. The Property Tax is levied under Section 3 of the above said Act, by estimating gross annual rent, which is determined under Section 5 of the Act.(b) To ascertain the Annual Value of property unit the Government of Sindh has rationalized and simplified the system by notifying a valuation table for different localities under Section 5- A of the Sindh Urban immovable Property Tax Act, 1. A uniform rate of tax is levied on all categories of.īrief of Property Tax: (a) The Property Tax is levied and collected under the Sindh Urban Immovable Property Tax Act, 1. Property Tax is levied and collection under Sindh Urban Immovable Property Tax Act, 1958. A uniform rate of tax is levied on all categories of properties 2. PROPERTY TAXProperty Tax is levied and collection under Sindh Urban Immovable Property Tax Act, 1.
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