15 October 2008
I AM AN OWNER OF A PROPERTY AND I HAVE APPOINTED A PVT LTD CO TO DEVOLOP A COMPLEX .MY QUESTION IS WHEATHER SERVICE TAX IS LEVIABLE WHEN: 1) I AM A SHARE HOLDER OF THAT CO 2) I AM NOT RELATED TO THIS COMPANY?
2.You appointed developer to undertake construction job + marketing of flats
3.You are suppose to pay ST to developer
Only wayout looks you sale your land to developer company and receive share capital of that much amount by that way Service TAx can only be managed.Otherwise You have to pay Service TAx
CAclubindia
