Poonawalla fincorps
Poonawalla fincorps

service tax on under construction property

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 September 2010 Is service tax on under construction property applicable to all under construction properties or is there any cut-off date (i.e. properties booked before a particular date won't have to pay service tax)?
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
13 September 2010 Any payment made w.e.f 1/7/10, will include service tax also.
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
13 September 2010 Booking date will not make any difference.
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