Undeclared Property in FBR – Tax Penalties & Legal Issues Explained
Автор: CA Guru
Загружено: 2025-10-27
Просмотров: 58
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In this video, we discuss the financial and legal consequences of not declaring your property investments to the FBR (Federal Board of Revenue) in Pakistan.
If you’ve bought a plot, house, or commercial property and didn’t declare it in your income tax return, the FBR can impose heavy penalties, freeze assets, or treat your property as unexplained income.
We’ll explain:
🏠 What happens if your property isn’t declared
💸 How FBR detects undeclared assets through data integration
⚖️ Financial penalties, tax reassessment, and legal implications
📈 How to regularize undeclared property and avoid future issues
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