Tax on Selling Your Car in Pakistan? Important Court Order Explained | FBR Updates!
Автор: Tax Talk with Amir Ali Sheikh
Загружено: 2026-02-21
Просмотров: 41110
Описание:
👋Appellate Tribunal Inland Revenue Decision – Is Tax Applicable on Sale of Car? | FBR Update 2026
In this video, we analyze the latest ATIR decision addressing an important question:
👉 Is profit earned from the sale of a motor vehicle taxable in Pakistan?
Can FBR automatically treat car sale proceeds as taxable income?
Does tax apply to the sale of a personal-use vehicle?
What is the legal distinction between a personal asset and a business asset?
This video provides:
✔ Clear explanation of the ATIR Court ruling
✔ Relevant provisions under the Income Tax Ordinance
✔ Legal principles established by the Court
✔ Practical guidance for taxpayers
✔ Important clarification regarding FBR’s treatment of transactions
If you have recently sold a vehicle — or plan to sell one — this video is essential to understand your tax position and avoid unnecessary notices.
📌 Topics Covered
Tax on Sale of Car in Pakistan
Capital Gain on Motor Vehicle
FBR Latest Update 2026
Supreme Court Tax Judgment
ATIR Tax Judgment
Income Tax on Personal Assets
FBR Notices and Bank Transactions
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Tax Talk with Amir Ali Sheikh
Your trusted source for tax clarity in Pakistan.
#FBRUpdate
#CarSaleTax
#PakistanTaxLaw
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#SupremeCourtDecision
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