Liabilty to pay service tax
This query is : Resolved
20 September 2013
i want to ask that if a person enters into an agreement with a developer that he will provide his land to the developer and developer will build flats on it provide right to the person to sell 10 flats on behalf of builder and only the sale value proportante to land cost is transfered to persons account and rest in the accounts of builder in that case who is liable to pay service tax and whom shall furnish his service tax registration number
22 September 2013
The correct answer could be given only after study of the development agreement.
The transaction narrated by you seems to be a sale of land, consideration of which is payable on sale of flat.
If it is so, the amount payable to the landlord is not liable to service tax
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
The transaction narrated by you seems to be a sale of land, consideration of which is payable on sale of flat.
If it is so, the amount payable to the landlord is not liable to service tax
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
26 September 2013
i want to ask that when the flat is being sold and service tax is being collected from the customer then who shall be liable to furnish his service tax number the pramoter or the builder.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- Applicability of Ind As to associate of associate
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
