We are in real estate business. Suppose Mr A had given Rs. 200000 agst booking of flat No. 5A to us. After 2 month Mr A cancelled the booking and we return the entire amount i.e Rs 2 Lakh to him.
Now Mr. B booked the same flat No 5A by depositing RS. 2 Lakh.
My question is as we had earlier deposited the Service Tax on RS. 2 Lakh ie RS. 6180/- agst booking of flat by Mr A.
whether we have to pay the S.tax again for booking for same flat? If not how can we show in Return?
CAclubindia
