All private housing societies should be audited: Senior Member BoR.

LAHORE -- Senior Member Board of Revenue (BoR) Zahid Akhtar Zaman has directed that all the private housing societies should be audited.

He said that strict legal action will be taken against the private housing societies that do not conduct the audit.

Senior Member Board of Revenue Punjab Zahid Akhtar Zaman while presiding over the monthly meeting to review the performance of stamp inspectors, said that notices would be given to the private housing societies, and non-performing private housing societies would be sealed.

Member Taxes Naveed Haider Shirazi, Chief Stamp Inspector Muhammad Tariq and others attended the meeting and a briefing was given to SMB regarding CVT and Stamp Duty.

Zahid Akhtar Zaman asserted that all records of sales and purchases in private housing societies should be available in the registrar's office. Strict crackdowns would be held against those selling fake stamp papers and inspectors should ensure daily checking of all...