Sale of Immovable Property of Tax Defaulter at Mauza Kathar Sharqi Rawalpindi

The Federal Board of Revenue (FBR) announces a public auction for the sale of immovable property belonging to a tax defaulter. This auction is a re-advertisement and re-publication under the Income Tax Ordinance, 2001 and Income Tax Rules, 2002. The property is located at Mauza Kathar Sharqi, Angori Road, Tehsil Murree, District Rawalpindi, Punjab. The auction is scheduled for 27th July 2026 at 11:00 AM and will be held at the Large Taxpayers' Office Islamabad, Plot No. 20, Mauve Area, G-9/1, Islamabad. Items being procured: - 527K-10M of Land at Mauza Kathar Sharqi, Angori Road, Tehsil Murree, District Rawalpindi This auction involves the sale of a significant land parcel due to tax default, with the amount of tax default noted as PKR 26,466,222.636. Interested bidders can obtain the application form and relevant conditions during office hours from the Deputy Commissioner Inland Revenue, LTO Islamabad. For further information or queries, contact the office at phone number 051-9106138. This opportunity is unique as it involves the acquisition of immovable property through a government auction process. Bidders should ensure they meet all legal and financial requirements to participate. The auction process is governed by strict rules under the Income Tax Ordinance and Rules, and FBR reserves the right to reject or decline any bid without explanation. The deadline for submission and participation is the auction date, 27th July 2026. Bidders are advised to prepare their earnest money and documentation in advance. A practical tip for bidders is to visit the property site beforehand to assess its condition and value, ensuring informed bidding. Also, timely submission of the application form and compliance with all auction terms will enhance the chances of successful participation.