Chakwal Property FBR Valuation & Tax Calculator 2026-2027

Overview

Calculate Chakwal FMV under S.R.O. 1684(I)/2024 (Bhaun, Hattar, Kallar Kahar). Compute Section 236K buyer tax, Section 236C seller tax & Punjab transfer levies.

How to use this calculator

Select your Chakwal locality from S.R.O. 1684(I)/2024 (Bhaun, Hattar, Kallar Kahar, Choa Saidan Shah, Talagang Road), choose property type, and enter size in Marlas. The tool calculates official Section 68 FMV, Buyer Advance Tax 236K, Seller Advance Tax 236C, and Punjab local dues (1% Stamp Duty, 1% TMA Tax, 1% Mutation).

Quick Answer and Process

Calculate Chakwal FMV under S.R.O. 1684(I)/2024 (Bhaun, Hattar, Kallar Kahar). Compute Section 236K buyer tax, Section 236C seller tax & Punjab transfer levies.

1. Select the exact Chakwal tehsil, mouza, colony, or sector from the notified FBR schedule (S.R.O. 1684(I)/2024).
2. Input property dimensions (Marlas, Kanals, or Sq. Yards) and covered area for superstructure assessment.
3. Review statutory Section 68 Fair Market Value (FMV), Section 236K buyer tax, and Section 236C seller tax.
4. Generate FBR IRIS CPR payment challans and provincial e-Stamping 32-A Challan for title mutation.

Frequently Asked Questions

What are the official FBR Fair Market Value (FMV) rates for Chakwal property under Section 68?

FBR Fair Market Value (FMV) for immovable property in Chakwal is governed under Section 68(4) of the Income Tax Ordinance 2001 via gazette notification S.R.O. 1684(I)/2024. It establishes statutory minimum benchmark rates per Marla or Sq. Yard across Chakwal City, Bhaun, Hattar, Choa Saidan Shah, Kallar Kahar, Talagang, and Lawa, eliminating under-declaration risks during deed registration.

What are the Section 236K buyer tax and Section 236C seller tax rates in Chakwal for TY 2026 and TY 2027?

Under the Income Tax Ordinance, Active Filers pay 1.25% advance tax on property purchase under Section 236K and 2.75% on property sale under Section 236C for Tax Year 2027. Late filers appearing on ATL pay active rates under Rule 182A, while Non-Filers face punitive withholding rates of 10.5% (buyer) and 11.5% (seller). All taxes are deposited via FBR IRIS Computerized Payment Receipts (CPRs).

What provincial stamp duty, TMA tax, and mutation charges apply to Chakwal property transactions?

In Chakwal, transactions require Punjab e-Stamping (1% Stamp Duty), 1% TMA Chakwal / Kallar Kahar / Choa Saidan Shah TIP tax, and 1% PLRA Arazi Record Center mutation fee.

How is constructed house and commercial building valuation calculated in Chakwal?

Constructed real estate in Chakwal is assessed under the statutory superstructure formula: Total FMV = (Plot Land Area × Notified Rate per Marla/Sq.Yd) + (Covered Area in Sq.Ft × Notified Superstructure Rate). Residential construction up to 5 years old is assessed at PKR 1,500/sq.ft (commercial at PKR 2,200/sq.ft), while structures older than 5 years are assessed with statutory depreciation.

How do I declare Chakwal property in FBR IRIS Form 116 Wealth Statement and Section 7E?

Properties must be declared in your annual FBR IRIS Form 116 Wealth Statement balance sheet at historical acquisition cost. However, the FBR Section 68 FMV serves as the legal benchmark for Section 7E (1% deemed rental income tax on aggregate assets exceeding Rs. 25M) and for computing Capital Gains Tax (CGT) under Section 37 upon future disposal.

How can I check Chakwal DC rate and compare it with FBR property valuation?

You can verify official Chakwal DC rates (notified by the Deputy Commissioner and District Collector) alongside FBR Section 68 valuation using our Chakwal property valuation tool. DC rates determine provincial e-stamping duty and TMA taxes, while FBR valuation determines federal income tax (Sections 236K and 236C). For tax assessment under Section 68, the higher of the declared transaction value, the FBR FMV, or the provincial DC rate is applied.

Tax Year and Sources

Check the selected tax year and applicable legal provisions before relying on an estimate. Consult the official FBR publications for enacted changes, exemptions and current rates. FBR Finance Acts · FBR Withholding Tax Rate Cards.

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About AM Tax and Corporate Hub

This calculator is an informational planning tool maintained by AM Tax and Corporate Hub and does not replace an FBR assessment or professional review.

Office address: Office no 7, Kashif Mobile Market, Trolly Adda, near Khana Pull, Rawalpindi. Phone and WhatsApp: +92 327 0444011. Email: info@amtaxhub.com.