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SULTAN AHMAD SIDDIQUI versus PROVINCE OF SINDH THROUGH, CHIEF SECRETARY, GOVERNMENT OF SINDH


Section 7 (2) (CA) (A) (ii) Transfer of Property Act (IV of 1882), Section 105 Constitution of Pakistan, Article 199 Constitution Petition Lease Dead Capital Value Tax, Loan of Applicable Capital Value Tax But the plot of land under 50 square yards per square yard, in favor of them, was permissible. For all intents and purposes, a price was paid to lease what was later described and called a premium. In order to bargain on a real estate lease, only three essential components were required to be fulfilled, namely the lenders, lease and consideration costs were paid, called premiums, in order to understand the lease document, It was important to understand that what was considered was well known in the self-lease document which includes its term and the sub-lease in question in favor of the applicants was for a period of 99 years, which in fact Was permanently leased and the monopoly owned. The preliminary consideration that was paid by the sub-lease to the professional price and / or cost lender before the lease was executed has been documented documenting the lease document on which the applicants have already submitted 2 The capital value tax was paid at the rate of 2%. Therefore, the applicants were not liable for the payment of capital value tax on their plots so that the demand raised by the authorities for payment of additional amount in capital value tax at the cost of Rs 50 per square yard of the landed area. Was extended and issued without any legal authority and had no legal effect in which the petition was allowed

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