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Aplicbility of s.tax on busines sale/purchase of vacant plot

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(Querist)
21 November 2013 If an assessee is doing the business of buying and selling vacant plots, will service tax provisions be applicable?

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CMA. CS. CA (Final)Santosh Jha

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CMA. CS. CA (Final)Santosh Jha (Expert)
21 November 2013 HERE SERVICE TAX WILL NOT BE APPLIED BUT T.D.S WILL BE APPLIED ,IF VALUE OF LAND EXCEEDS RS 50 LAKH 194IA WILL BE APPLIE
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Sushant Mahajan

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Sushant Mahajan (Querist)
21 November 2013 Thank You Sir.
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Ajay Mishra

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Ajay Mishra (Expert)
21 November 2013 If it is not his regular business, then he is not liable to pay service tax.

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