taxability regarding land purchasing & development land
This query is : Open
17 December 2010
please explain me about any tax liabilty under service tax or karnatak-vat - for purchasing the land and development as plots (but not construction)only layout.
is there any liablity in service tax or vat for that ?
& also in case of joint development made by the owner of land & land developer
is there any liablity in service tax or vat for that ?
& also in case of joint development made by the owner of land & land developer
17 December 2010
No service tax and VAT is payable on purchase of land.
In case of devlopment of land, please send more details.
In case of devlopment of land, please send more details.
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