Revision of Value of Immovable Properties of Ghotki

Government of Pakistan Revenue Division Federal Board of Revenue ***** Islamabad, the 2nd March, 2022 Notification (Income Tax) S.R.O. 336(I)/2022.- In exercise of the powers conferred by sub-section (4) of section 68 of the Income Tax Ordinance, 2001 (XLIX of 2001), and in supersession of its Notification No. S.R.O. 1542(I)/2021, dated the 1st December, 2021, 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:- Table Ghotki Category Residential Residential Commercial Commercia Industrial Industrial Flats/Ap open plot Built up open plot l Built up open plot Built up artments 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 5,040 7,560 18,900 17,640 1000 2500 800 II 4,158 5,670 12,600 11,340 - - - III 882 1,890 5,040 3,781 - - - 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 entire plot area plus covered area of the plot 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) Property which does not appear to fall in any of the categories shown in the below Appendix 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) 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 Market 1 Ali Akbar Shah Road 1 Anwarabad Muhalla 2 Bagh Pir Sahib 2 Anaj Mandi 2 Chandoo Ram Colony Muhalla 3 Dhong Muhalla 3 Bacho Mirbahar Muhalla 3 Devri Sahib Road 4 Katchery Road 4 Bhittai Muhalla 4 Hussain Beli Road Commercial 5 Mukhi Muhalla 5 Dhang Muhalla Road 5 Kanwar Nagar Muhalla 6 Municipal Office 6 Ghota Bazaar 6 Khanpur Mahar Bus Stand 7 Mahar Market 7 Hussain Beli Road 7 Mirbahar Muhalla 8 Nadeem Market 8 Latifabad Muhalla 8 Mughal Kalwar 9 Old Tanga Stand 9 New Bus Stand 9 Mathelo Road upto Police Station 10 Owdharwali 10 Naz Cinema Area 10 Nanik Pura Muhalla Pir Fakharuddin Pir Mehboob Shah 11 Qadria Cotton Factory 11 Shah Muhalla 11 Muhalla 12 Purani Bazaar 12 Sadiq And National High 12 Rehmoowali Coup Muhalla/Road 13 Shahi Bazar 13 Shamshad Muhalla 13 Saindino Ghoto 14 Sindhi School 14 Tando Tibbai 15 Tando Shahbaz Khan 15 Tando Buland Khan Muhalla 16 Tando Masoo Khan 17 Tando Tibbai

APPENDIX-II CATEGORICAL CLASSIFICATION OF COMMERCIAL AREA OF GHOTKI I II III S# AREA S# AREA S# AREA 1 Azmatullah Market 1 Ali Akbar Shah Road 1 Anwarabad Muhalla 2 Bagh Pir Sahib 2 Anaj Mandi 2 Chandoo Ram Colony Muhalla 3 Dhong Muhalla 3 Bacho Mirbahar Muhalla 3 Devri Sahib Road 4 Katchery Road 4 Bhittai Muhalla 4 Hussain Beli Road Commercial 5 Mukhi Muhalla 5 Dhang Muhalla Road 5 Kanwar Nagar Muhalla 6 Municipal Office 6 Ghota Bazaar 6 Khanpur Mahar Bus Stand 7 Mahar Market 7 Hussain Beli Road 7 Mirbahar Muhalla 8 Nadeem Market 8 Latifabad Muhalla 8 Mughal Kalwar 9 Old Tanga Stand upto 9 New Bus Stand 9 Mathelo Road Police Station 10 Owdharwali 10 Naz Cinema Area 10 Nanik Pura Muhalla 11 Pir Fakharuddin Shah Pir Mehboob Shah Muhalla 11 Qadria Cotton Factory Muhalla 11 12 Purani Bazaar 12 Sadiq And National High 12 Rehmoowali Coup Muhalla/Road 13 Shahi Bazar 13 Shamshad Muhalla 13 Saindino Ghoto 14 Sindhi School 14 Tando Tibbai 15 Tando Shahbaz Khan 15 Tando Buland Khan Muhalla 16 Tando Masoo Khan 17 Tando Tibbai ____________________________________________________________________________ [F.No. 1(121)R&S/2017] (Muhammad Masood Ahmed Gorsi) Secretary (Rules & SROs)