On purchase of flat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 August 2012
I propose to buy a flat from a builder, who constructs 6 flats only in Chennai's sub-urb. The construction cost alone Rs.28/= lakhs otherthan the undivided portion of the land cost. Will it attract service tax based on the value of construction or number flats in the site basis pl reply
04 August 2012
After 1 July 2012, exemption is limited only for a single house
Notification No. 25/2012-Service Tax
New Delhi, the 20th June, 2012.
View are personal and based on limited facts.
Notification No. 25/2012-Service Tax
New Delhi, the 20th June, 2012.
View are personal and based on limited facts.
04 August 2012
Agree with Nilesh ji..
to add...
confirm from the builder the rate of tax charged under compounding method or regular method.
the cost involved on tax is addition to your cost.
Plan and discuss accordingly and wishing u all the best.
to add...
confirm from the builder the rate of tax charged under compounding method or regular method.
the cost involved on tax is addition to your cost.
Plan and discuss accordingly and wishing u all the best.
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
