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Q #4: GPL Pvt Limited Co rented out Plaza of Rs. 57,589,632 situated in Lahore and tenant also deducted Tax with held on rental value.

Q #4: GPL Pvt Limited Co rented out Plaza of Rs. 57,589,632 situated in Lahore and tenant also deducted Tax with held on rental value. He claims the following deductions: (08 Marks)

Collection Charges

25892 x 5

Property Tax

25892 x 4

Building Insurance

25892 x 4

Administration Charges

25892 x 3

Required: Calculate Tax Payable for the Tax Year 2020. The Company is non Filer.

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