Urdu Report Desk
The Federal Board of Revenue (FBR) has canceled the auction of a Bahria Town property in Rawalpindi that was scheduled for Tuesday to recover more than Rs. 26 billion in outstanding tax dues.
The property includes 32 kanal and 11 marla of land along with a constructed house in Bahria Golf City, Rawalpindi. The FBR had advertised the public auction in September 2026 as part of its efforts to recover the outstanding taxes.
Property Linked to Rs. 26.47 Billion Tax Default
According to the auction notice, the property was linked to a tax default of Rs. 26.47 billion.
The auction was scheduled for 11:30 a.m. on Tuesday at the Large Taxpayers’ Office in Islamabad.
Supreme Court Order
The cancellation comes after the Supreme Court restrained the FBR from recovering Rs. 26 billion in taxes from Bahria Town and taking enforcement action against the group.
The Supreme Court issued a stay order on September 29, 2026, preventing the FBR from recovering the outstanding amount from Bahria Town.
Reported Contacts With Key Figures
Meanwhile, sources claim that Malik Riaz has recently been in contact with important personalities and that there appears to have been progress towards improving his situation.
The claim could not be independently verified from the information provided.
Previous Bahria Town Auctions
The FBR had previously auctioned a Bahria Town property on Park Road in Islamabad, recovering Rs. 2 billion from the sale.
In July 2026, the tax authority also held an auction of 527 kanal of land in Tehsil Murree.
