Punjab Pakistan: What is PT1 or Form PT1?

What is PT1 or Form PT1?

PT One, PT1, or Form PT1 is a form prescribed under the Property Tax Act of 1958. In fact, it is in the form of a register. The register is prepared from a survey of properties by the Excise and Taxation Department of the government of Punjab. When you need a PT1, you get a copy prepared from this register.

A PT1 identifies a property by a unique number allotted to the property during the survey. Therefore, you need Form PT1 when interacting with an organization which requires the identification and location of a property. Some situations where you need a PT1 are given below:

1. The SNGPL, SSGPL, and WAPDA, while installing a meter at a property, use the PT1 to identify and locate the property; and
2. Banks use the PT1 to identify and locate a property that will be mortgaged.

On a PT1, you can find the property number to identify the property, the name of the owner, the name of the tenant, the area of the property, and the annual rental value of the property, among other things.

You may also like to read:

1- Understanding your PT1 form

2- Can I download my PT1

3- How to obtain your copy of PT-1