Dear All,
A residencial Complex Maintenance Comes under Service Tax Liability.
The Colonizer at the time of booking collect Rs. 30,000/- as society charges for further Maintenance of complex. And collect Rs. 300/- p.m. per house as monthly maintenance charges. My question is that is he is liable to pay service tax on Rs.300/- and the interest received from Bank on Rs. 30000/- which he is incurred for maintenace of complex.
Saurabh Agrawal
Residential Complex means under section 65(91a),
a building or building ,having more than 12 residential units;
any one or more of facilities or services as park,lift ,parking space community hall,common water supply of effuent treatment system,located within premises.
Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
View Details
CCI
Pro
CAclubindia
