Neutral's Law

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Global Reach | Local Compliance

Specialists in Cross-Border Contract Drafting, Mediation & Arbitration | SECP Compliance | Tax Advisory | Intellectual Property (IPO) | Remote Legal Services for Businesses & Individuals | www.neutralslaw.com

25/03/2026

Islamabad High Court Clarifies Tax Treatment on Sale of Immovable Property

Reference: I.T.R. No. 339 of 2025 (Islamabad High Court, decided on 12 March 2026)

Key Ruling:
Gain on disposal of immovable property is taxable under Section 37(1A) as Capital Gains, not as business income under Section 18.

Important Takeaways:
→ Section 37(1A) is a special provision for immovable property
→ It overrides general provisions relating to business income
→ Applies even if the taxpayer is engaged in a real estate business
→ No need to classify property as stock-in-trade for this purpose
→ Ambiguity in tax laws must favor the taxpayer

Conclusion:
Sale of immovable property = Capital Gains taxation regime applies

23/03/2026

🇵🇰 23rd March – Pakistan Resolution Day

Today, we remember the historic moment that defined our identity and set the course for an independent future.

This day is a reminder of unity, faith, and determination, the values that continue to guide us forward.

At Neutral’s Law, we believe that a strong nation is built on justice, integrity, and responsible leadership. Let’s play our part in shaping a better, stronger Pakistan.

Pakistan Zindabad! 🇵🇰

🌙✨ Eid Mubarak from Neutral’s Law ✨🌙On this blessed occasion, we extend our warmest wishes to our clients, partners, and...
20/03/2026

🌙✨ Eid Mubarak from Neutral’s Law ✨🌙

On this blessed occasion, we extend our warmest wishes to our clients, partners, and community. May this Eid bring peace, prosperity, and continued success in all your endeavors.

At Neutral’s Law, we remain committed to delivering trusted legal solutions and building lasting relationships founded on integrity and excellence.

Wishing you and your loved ones a joyful and prosperous Eid. 🤍

Freelancers in Pakistan can significantly improve their tax efficiency by registering with the Pakistan Software Export ...
17/03/2026

Freelancers in Pakistan can significantly improve their tax efficiency by registering with the Pakistan Software Export Board (PSEB). This recognition allows you to operate as an official IT/ITES exporter and build stronger credibility with international clients.

Under the Income Tax Ordinance, 2001, income from export of IT and IT-enabled services may be taxed at a reduced final rate of 0.25% under Section 154A, provided foreign remittances are received through proper banking channels.

If you are earning through freelancing platforms in software development, digital marketing, design, or consultancy, proper registration and compliance can help you minimize tax exposure while staying fully compliant with Pakistani law.

Need professional assistance?
Neutral’s Law provides complete support in PSEB registration, tax structuring, and compliance for freelancers and IT professionals.

17/03/2026

Freelancers in Pakistan can optimize taxes by registering with the Pakistan Software Export Board (PSEB) and structuring income under the Income Tax Ordinance, 2001.

Foreign remittances from IT/ITES may qualify for 0.25% final tax under Section 154A, if received through proper banking channels.
Build credibility as an IT exporter and grow globally, the smart, compliant way.
Contact Neutral’s Law for PSEB registration and tax compliance.

17/03/2026

Freelancers in Pakistan can optimize taxes by registering with the Pakistan Software Export Board (PSEB) and structuring income under the Income Tax Ordinance, 2001.
Foreign remittances from IT/ITES may qualify for 0.25% final tax under Section 154A, if received through proper banking channels.
Build credibility as an IT exporter and grow globally, the smart, compliant way.
Contact Neutral’s Law for PSEB registration and tax compliance.

07/03/2026

Register your call center with the Pakistan Software Export Board and unlock tax benefits, global credibility, and easier access to international clients. A smart step for scaling your IT business.

13/02/2026

Start Your Company the Right Way – Stay Compliant, Stay Confident!

Thinking of registering a company in Pakistan?
Already running a business but worried about annual returns and SECP compliance?

At Neutral’s Law, we provide complete consultancy for:

✅ Company Registration with the Securities and Exchange Commission of Pakistan
✅ Filing of Annual Returns & Statutory Forms
✅ SECP Compliance & Corporate Governance
✅ Post-Incorporation Compliance
✅ Changes in Directors, Share Capital & Registered Office
✅ Strike-off & Revival Matters

Many businesses face penalties simply due to missed filings and non-compliance. Don’t let technicalities cost you your business reputation.

We ensure your company remains:
✔ Legally Protected
✔ Fully Compliant
✔ Professionally Structured
✔ Investor-Ready

📌 Whether you are a startup, SME, or expanding enterprise, we handle the legal side so you can focus on growth.

📩 Message us today for professional and reliable corporate compliance services. 0335 1817099

Neutral’s Law – Structuring Businesses, Securing Futures.

16/01/2026

🌙 Shab-e-Meraj Mubarak 🌙

Shab-e-Meraj reminds us of the miraculous journey of our beloved Prophet Muhammad ﷺ, a night of divine signs, mercy, and closeness to Allah. It is a night that teaches us the power of faith, patience, and prayer, and reminds us that no hardship is beyond Allah’s command.

May this blessed night strengthen our iman, bring peace to our hearts, forgiveness to our souls, and guidance in our lives. Let us turn to Allah in sincere prayers, seek His mercy, and renew our commitment to truth, justice, and righteousness.

May Allah accept our prayers and grant us success in this world and the Hereafter. Ameen.

✨Shab-e-Meraj Mubarak to you and your loved ones ✨

ﷺ

25/12/2025

Quaid-e-Azam Muhammad Ali Jinnah: a great lawyer, a principled reformer, and the founder of Pakistan
His life reflects integrity, courage, and an unwavering commitment to justice and constitutional values.
He remains a timeless inspiration for lawyers, leaders, and all those who believe in the rule of law.

Address

Ghazi Market 203RB Sheikhupura, Road
Faisalabad
38000

Opening Hours

Monday 09:00 - 19:00
Tuesday 09:00 - 19:00
Wednesday 09:00 - 19:00
Thursday 09:00 - 19:00
Friday 09:00 - 12:00
15:00 - 19:00
Saturday 09:00 - 19:00

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