{"id":48902,"date":"2019-02-09T10:05:25","date_gmt":"2019-02-09T05:05:25","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=48902"},"modified":"2019-02-11T11:34:09","modified_gmt":"2019-02-11T06:34:09","slug":"notice-issued-to-society-that-didnt-file-income-tax-returns","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/notice-issued-to-society-that-didnt-file-income-tax-returns.html","title":{"rendered":"Notice issued to societies that didn\u2019t file income tax returns"},"content":{"rendered":"<p>Lahore: Federal Board of Revenue (FBR) has started its process to bring real estate developers into the tax net, reported a news source. In this regard, legal tax notices have been served to developers of 31 housing schemes who had not filed their income tax returns.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/countrywide-crackdown-planned-against-illegal-societies.html\" target=\"_blank\" rel=\"noopener noreferrer\">Countrywide crackdown planned against illegal societies<\/a><\/p>\n<p>These steps taken by the FBR are part of the efforts targeted at increasing revenue for the state. Valencia Town, Wapda Town and NFC Cooperative Housing Schemes are among the notable housing schemes that have received the notice.<\/p>\n<p>Read:\u00a0<a class=\"row-title\" href=\"https:\/\/www.zameen.com\/news\/lda-operation-against-illegal-societies-starts.html\" target=\"_blank\" rel=\"noopener noreferrer\">LDA operation against illegal societies starts<\/a><\/p>\n<p>The FBR has given the developers of the 31 housing schemes a one-week deadline to file their income tax returns. The deadline expires on February 15, 2018.<\/p>\n<p>The revenue board hasn\u2019t yet shared its further plans on dealing with the societies that do not meet the deadline.<\/p>\n<p>As soon as there is an update on it, Zameen News will keep you posted. Stay tuned!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Federal Board of Revenue (FBR) has started its process to bring real estate developers into the tax net, reported a news source. In this regard, legal tax notices have been served to developers of 31 housing schemes who had not filed their income tax returns. Read:\u00a0Countrywide crackdown planned against illegal societies These steps taken by the FBR are part of the efforts targeted at increasing revenue for the state. Valencia Town, Wapda Town and NFC Cooperative Housing Schemes are among the notable housing schemes that have received the notice. Read:\u00a0LDA operation against illegal societies starts The FBR has given the developers of the 31 housing schemes a one-week deadline to file their income tax returns. The deadline expires on February 15, 2018. The revenue board hasn\u2019t yet shared its further plans on dealing with the societies that do not meet the deadline. As soon as there is an update on it, Zameen News will keep you posted. Stay tuned!<\/p>\n","protected":false},"author":18,"featured_media":25713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[10364],"persona":[],"class_list":{"0":"post-48902","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-notice-issued-to-society-that-didnt-file-income-tax-returns-in-lahore"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Notice issued to societies that didn\u2019t file income tax returns - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Federal Board of Revenue (FBR) has started its process to bring real estate developers into the tax net, reported a news source. 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