Filing
Section 236K
Section 236K is the advance income tax collected from the buyer when a property transfer is registered in Pakistan.
The rate depends on the property value and on whether the buyer is a filer, a late filer or a non-filer. It is adjustable against the buyer's annual liability if a return is filed.
Related terms
Section 236C
Section 236C is the advance income tax collected from the seller at the time a property transfer is registered.
Non-filer
A non-filer is a person not on the Active Taxpayers List, who therefore pays substantially higher withholding tax on banking, vehicles, dividends and property.
ATL
The ATL is the FBR's weekly published list of taxpayers who have filed their return on time, and being on it is what qualifies you for the lower withholding tax rates.