Judgments of Different High Courts on Section 7E of the Income Tax Ordinance 2001: Deemed Rental Income

Judgments of Different High Courts on Section 7E of the Income Tax Ordinance 2001: Deemed Rental Income

So far different High Courts have rendered jdugemnts on section 7E of the Income Tax Ordinance which imposes deemed rental income on a property/vacant plots worth a certain amount which does not generates income. This section assumes that such vacant plots are to be deemed to have generated fife percent of the total market value of the property and that deemed income would be taxed by the tax authorities, though that plot does not generate income in real world. The whole scheme of the said section is based on presumption.

Following are judgments on section 7E by different High Courts:

Click the blue links to download the judgments.

Single Bench judgment of the Lahore High Court 

Division Bench judgment of the Lahore High Court 

Division Bench judgment of the Peshawar High Court

High Court of Sindh Short Order