Flats given in exchange of land to landlord
This query is : Resolved
24 December 2010
Is service tax applicable on below mwntioned transaction?
Transaction - "Constructed Flats to be given to landlord in exchange of land on which housing project to be constructed"
If yes, where it is specifically written and should be the value of taxable service?
Transaction - "Constructed Flats to be given to landlord in exchange of land on which housing project to be constructed"
If yes, where it is specifically written and should be the value of taxable service?
24 December 2010
No service tax is payable, as it is a consideration for sale of land.
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