Capital gains, collection of tax by NCCPL: Amendments proposed in rules for computation

FBR has proposed amendments in the special procedures for computation of capital gains and collection of tax on disposal of securities by the National Clearing Company of Pakistan Limited (NCCPL). It proposed that the setting off of eligible capital loss carried forward from previous tax years shall be made by NCCPL only in respect of taxpayers whose names appears on the Active Taxpayer List (ATL).

2/6/2021