[aurangabad_ca] service tax on builders
UNLESS THE ENTIRE CONSIDERATION FOR THE PROPERTY IS PAID AFTER THE COMPLETION OF THE
CONSTRUCTION i.e. AFTER THE RECEIPT OF THE COMPLETION CERTIFICATE FROM THE COMPETENT
AUTHORITY, THE ACTIVITY OF THE CONSTRUCTION WOULD BE A TAXABLE SERVICE PROVIDED BY
THE BUILDER AND SERVICE TAX WILL BE ATTRACTED.
In other words any booking of the flats etc.. will be treated as the service provided by the builder and tax will be levied. However on what amount will it be levied needs clarification.
Thanks
Ashok L. Gosar
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AURANGABAD_CA is a Yahoo Group for the benefit of CA and other professional. It is especially meant for written discussion within group members and circulate the information among its members. The mail may contain such research/advice/opinion/information/fact provided by any member or moderator and every contain of the mail or information of yahoo is always subject to the Accuracy and of the description of facts.
The Aurangabad_CA , its moderator/owner do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant fact(s).
Considering all above facts m the transaction based on above mail may not complete without confirming proper statue/authority/person. Therefore any action/transaction taken on basis of this mail do not imply the accuracy or value . Further this Group�s Owner/Moderator/Member are not liable for any damages or costs suffered due to action/transaction based on information on this Yahoo Group.
For Seeking any Clarification you may mail only to Group Moderator on
girishkulk@gmail.com
.
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