How to Generate a Challan for Tax on Immovable Property?

The FBR’s IRIS portal provides a convenient online platform for taxpayers to generate challans for various taxes, including Tax on Immovable Property. This digital solution streamlines the process and eliminates the need for physical visits to tax offices.

Step-by-step guide on how to create a challan for Tax on Immovable Property:

1. Log in to the IRIS Portal:

   • Access the FBR’s IRIS portal using your registered credentials (NTN and password).

2. Navigate to “e-Payments”:

   • Once logged in, locate and click on the “e-Payments” section.

3. Select “Tax on Immovable Property”:

   • From the list of available tax options, select “Tax on Immovable Property.”

4. Enter Seller Details:

   • In the “Part 2: Particulars of Seller” section, you’ll need to enter the following information:
     • Status: Select the appropriate status (e.g., Resident, Non-Resident).
     • Registration Type: Select the relevant registration type.
     • Registration Number: Enter the seller’s NTN or other relevant registration number. Â
     • Name: Enter the full name of the seller.
     • Share: Enter the share of the seller in the property.
     • Email Address: Enter a valid email address.

5. Enter Captcha:

   • Type the captcha code displayed on the screen to verify your request.

6. Click “SEARCH”:

   • Click the “SEARCH” button to proceed.

7. Enter Buyer Details, Property Details, and Value:

   • The system will display the next step where you’ll need to enter details about the buyer, the property itself (location, type, etc.), and its value.

8. Calculate and Review:

   • The system will automatically calculate the tax amount based on the property value and applicable tax rates.
   • Carefully review all the entered information for accuracy.

9. Submit and Generate Challan:

   • Once you’ve verified all the details, click the “Submit” button.
   • The system will generate a challan with a unique payment ID and instructions on how to make the payment.

10. Make Payment:

• You can make the payment through various channels, including online banking, over-the-counter at designated banks, or through mobile wallets.  Â

Important Notes:

• Accurate Information: Ensure that all information provided is accurate and complete to avoid any issues during the payment process.
• Retain Documents: Keep a copy of the generated challan and payment receipt for future reference.
• Consult Tax Professional: If you have any doubts or encounter any issues, consult with a tax professional for guidance.

By following these steps, you can efficiently generate a challan for Tax on Immovable Property through the FBR’s IRIS portal and fulfill your tax obligations.