Section 7E
Tax on deemed income from certain immovable properties.
Explained Simply
Section 7E treats certain properties as producing a deemed income and taxes it, aimed at high-value idle real estate. Exemptions and thresholds apply, and rules have changed over time.
Legal Definition
Section 7E of the Income Tax Ordinance, 2001.
📖 Section 7E
Educational definition, not legal advice. Verify against the statute text (Section 7E) before acting.
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