FTO requests that FBR fix issues with real estate valuation.

FTO requests that FBR fix issues with real estate valuation. It was reported that the Federal Tax Ombudsman encouraged FBR to continue to be watchful regarding current market prices in the real estate industry and periodically evaluate all of the property rates in the Bahawalpur region when its examination was complete. The FTO looked into several inaccuracies in the value of farm houses, private housing societies, commercial plots/buildings, and properties classified as agricultural land.