Fees paid to development authority

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 April 2016 Dear Experts,
A builder has paid fees to development
authority for passing housing project
Query...1) will TDS be attract on this said
Fees paid to development authority....2) is
There any ST liability on this fees paid to DA..3) will this fees is deductable in profit
& loss account,

Thanx & Regard
Sumit khurana

Amol S Joglekar

Amol S Joglekar (Expert)

25 April 2016 01. Fees paid to Govt...TDS is not applicable.
02. Service Tax may be charged by the service provider.
03. The expenses can be allowable expenses under income tax.

Querist : Anonymous

Querist : Anonymous (Querist)

26 April 2016 Sir on point No. 2 development authority is
govt deptt. Weather builder will charge ST
Or development authority,

Amol S Joglekar

Amol S Joglekar (Expert)

27 April 2016 One who gives service has to charge service tax. (Exception RCM i.e. reverse charge mechanism)
In this case, both have to charge service tax to its respective service provider.

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