Overview
The Federal Board of Revenue (FBR) has issued Circular No. 08 of 2025–26 dated 15 April 2026 to clarify how withholding tax under Section 236C applies to builders and developers operating under the Section 7F regime. It replaces the earlier circular issued on 31 March 2026 and addresses concerns regarding the treatment of advance tax on the sale of immovable property.
