Value of Immovable Properties of Ghotki

Government of Pakistan Revenue Division Federal Board of Revenue ***** Islamabad, the 1st December, 2021. NOTIFICATION (Income Tax) S.R.O. 1542(I)/2021.- In exercise of the powers conferred by sub-section (4) of section 68 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Board of Revenue is pleased to determine the following fair market value of immoveable properties as specified in columns (2) to (8) of the Table below, in respect of categories of areas of Ghotki as specified in column (1) thereof, namely:- Ghotki Category Residential Residential Commercial Commercia Industrial Industrial Flats/Ap open plot Built up open plot l Built up open plot Built up ertments per square Property per square Property per square Property per yard per square yard per square yard per square square yard yard foot foot (1) (2) (3) (4) (5) (6) (7) (8) I 27000 40500 54000 67500 1782 2673 1450 II 19500 29250 39000 48750 - - - III 7800 11700 15600 19500 - - - Notes.- (i) Value is per square yard of the covered area of ground floor plus covered area for the additional floors; (ii) commercial property built up value is per square yard of the covered area of the ground floor plus covered area of the additional floors, if any; (iii) built up industrial property value is per square yard of the plot area per square foot; (iv) the value in respect of a residential building consisting of more than one storey shall be increased by 25% for each additional storey i.e. value of each storey other than ground floor shall be calculated @ 25% of the value of the ground floor; (v) a property which does not appear to fall in any of the categories shown in the belowAppendix shall be deemed to fall in the adjacent lowest category of the Appendices; (vi) whether the land has been granted for more than one purpose,viz residential, commercial and industrial, the valuation in such a case shall be the mean/average prescribed rate;

(vii) a flat means the covered residential tenement having separate property unit number/sub-property unit number; (viii) in residential, multi storey building, additional storey shall be charged if it consists of bed room and bath room; and (ix) area-wise categories are in the following Appendix-I and Appendix-II. APPENDIX-I CATEGORICAL CLASSIFICATION OF RESIDENTIAL AREA OF GHOTKI I II III S# AREA S# AREA S# AREA 1 AZMATULLAH ALI AKBAR SHAH ANWARABAD MARKET 1 ROAD 1 MUHALLA 2 BAGH PIR SAHIB 2 ANAJ MANDI 2 CHANDOO RAM COLONY MUHALLA 3 DHONG MUHALLA 3 BACHO MIRBAHAR 3 DEVRI SAHIB MUHALLA ROAD 4 KATCHERY ROAD 4 BHITTAI MUHALLA 4 HUSSAIN BELI ROAD COMMERCIAL 5 MUKHI MUHALLA 5 DHANG MUHALLA 5 KANWAR ROAD NAGAR MUHALLA 6 MUNICIPAL OFFICE 6 GHOTA BAZAAR 6 KHANPUR MAHAR BUS STAND 7 MAHAR MARKET 7 HUSSAIN BELI ROAD 7 MIRBAHAR (RESIDENTIAL) MUHALLA 8 NADEEM MARKET 8 LATIFABAD MUHALLA 8 MUGHAL KALWAR 9 OLD TANGA 9 NEW BUS STAND 9 MATHELO ROAD STAND UPTO POLICE STATION 10 NANIK PURA 10 OWDHARWALI 10 NAZ CINEMA AREA MUHALLA 11 QADRIA 11 PIR FAKHARUDDIN 11 PIR MEHBOOB SHAH COTTON SHAH MUHALLA MUHALLA FACTORY 12 PURANI BAZAAR 12 SADIQ AND NATIONAL 12 REHMOOWALI HIGH COUP MUHALLA/ROAD 13 SHAHI BAZAR 13 SAINDINO GHOTO 13 SHAMSHAD MUHALLA 14 TANDO TIBBAI (COMMERCIAL) 14 SINDHI SCHOOL 15 TANDO BULAND

KHAN MUHALLA 15 TANDO SHAHBAZ KHAN 16 TANDO MASOO KHAN 17 TANDO TIBBAI (RESIDENTIAL) APPENDIX-II CATEGORICAL CLASSIFICATION OF COMMERCIAL AREA OF GHOTKI I II III S# AREA S# AREA S# AREA 1 AZMATULLAH 1 ALI AKBAR SHAH 1 ANWARABAD MARKET ROAD MUHALLA 2 BAGH PIR SAHIB 2 ANAJ MANDI 2 CHANDOO RAM COLONY MUHALLA 3 DHONG MUHALLA 3 BACHO MIRBAHAR 3 DEVRI SAHIB MUHALLA ROAD 4 KATCHERY ROAD 4 BHITTAI MUHALLA 4 HUSSAIN BELI ROAD COMMERCIAL 5 MUKHI MUHALLA 5 DHANG MUHALLA 5 KANWAR ROAD NAGAR MUHALLA 6 MUNICIPAL OFFICE 6 GHOTA BAZAAR 6 KHANPUR MAHAR BUS STAND 7 MAHAR MARKET 7 HUSSAIN BELI ROAD 7 MIRBAHAR (RESIDENTIAL) MUHALLA 8 NADEEM MARKET 8 LATIFABAD MUHALLA 8 MUGHAL KALWAR 9 OLD TANGA 9 NEW BUS STAND 9 MATHELO ROAD STAND UPTO 10 NANIK PURA POLICE STATION MUHALLA .10 OWDHARWALI 10 NAZ CINEMA AREA 11 QADRIA COTTON FACTORY 12 REHMOOWALI 11 PIR FAKHARUDDIN 11 PIR MEHBOOB SHAH MUHALLA/ROAD SHAH MUHALLA MUHALLA 12 PURANI BAZAAR 12 SADIQ AND NATIONAL 13 SAINDINO HIGH COUP GHOTO 13 SHAHI BAZAAR 13 SHAMSHAD MUHALLA 14 TANDO TIBBAI (COMMERCIAL)

14 SINDHI SCHOOL 15 TANDO BULAND KHAN MUHALLA 15 TANDO SHAHBAZ KHAN 16 TANDO MASOO KHAN 17 TANDO TIBBAI (RESIDENTIAL) ____________________________________________________________________________ [F.No. 1(121)R&S/2017] ( Tariq Iqbal ) Secretary (Rules & SROs)