19B. Special tax treatment in respect of investment in house property.–

¹[19B.] Special tax treatment in respect of investment in house property.–

Notwithstanding anything contained in this Ordinance or any other law for the time being in force, no question as to the source of any sum invested by any person in the construction or purchase of any building or apartment shall be raised if the assessee pays, before the assessment is completed for the relevant assessment year, tax at the rate of –

²[(a) taka three hundred per square meter in the case of a building or apartment the plinth area of which does not exceed two hundred square meter for the area of Gulshan Model Town, Banani, Baridhara, Defence Officers Housing Society (DOHS), Dhanmondi Residential Area, Lalmatia Housing Society, Uttara Model Town, Bashundhara Residential Area, Dhaka Cantonment, Motijheel Commercial Area, Dilkhusha Commercial Area, Kawran Bazar Commercial Area of Dhaka and Khulshi Residential Area, Panchlaish Residential Area of Chittagong ;

(b) taka five hundred per square meter in the case of a building or apartment the plinth area of which exceeds two hundred square meter for the areas mentioned in clause (a);

(c) taka two hundred per square meter in the case of a building or apartment the plinth area of which does not exceed two hundred square meter for the areaother than the areas mentioned in clause (a);

(d) taka three hundred per square meter in the case of a building or apartment the plinth area of which exceeds two hundred square meter for the area other than the areas mentioned in clause (a)]

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¹. Section 19B inserted by F.A. 199 and subsequently omitted by F.O. 2007

^{2 Subs. by F. A. 2006}

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