Levy of Service Tax on Underconstruction flats
This query is : Resolved
04 August 2010
Dear Experts,
I have booked a flat few months back in Noida. Now my builder Logix Infrastructure Pvt Ltd is charging Service Tax on payments made after 1st July 2010 at the rate of 2.75 on Basic Sale Price and 10.33 on payments made towards other charges, particularly including the Lease Rent (which we buyer have to pay to Noida Authority). Is the builder right in collecting Service Tax on Lease Rent.
I have booked a flat few months back in Noida. Now my builder Logix Infrastructure Pvt Ltd is charging Service Tax on payments made after 1st July 2010 at the rate of 2.75 on Basic Sale Price and 10.33 on payments made towards other charges, particularly including the Lease Rent (which we buyer have to pay to Noida Authority). Is the builder right in collecting Service Tax on Lease Rent.
04 August 2010
ST on basic sale price 2.58% and on rent 10.3%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Rental income of jointly held property
- LIABILITY ADJUSTMENT
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Banking Related Issue
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
