09/05/2026
⚖️ Legal Update: FCC Nullifies Section 7EThe Federal Constitutional Court has declared the tax on "deemed income" (Section 7E) as ultra vires to the Constitution.Key Takeaways:
✅ FBR can no longer collect 1% tax on property value.
✅ Property transfers (DHA, LDA, etc.) can now proceed without 7E clearance.
✅ Pending tax notices for 2022-2025 are now void.A landmark decision that brings much-needed clarity to the real estate market.