Service tax benifit of salaried person

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Abhishek Singh (Querist)

27 April 2016 Dear All

I am a salaried person and purchased a Under construction House property. As it is under constructed property I required to pay service tax on the same, do I get any tax Benifit of the said amount paid as Service Tax. Should I arrange the same as part of Bank Loan and Take the benifit of Principal Amount payment.

regards
Abhishek Singh

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

27 April 2016 Yes it can be part of bank loan and take the benefit of principal amount payment.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

28 April 2016 Yes, You can claim as deduction and stamp duty and registration fees also

Abhishek Singh

Abhishek Singh (Querist)

28 April 2016 THANKING YOU FOR THE REPLY.. WHAT IF I PAY THE AMOUNT THROUGH CASH SINCE THE REGISTRATION FEES NEEDS ACCOUNT WITH SBI ONLY..WE HAD REGISTER THE SAME PAYING DEMAND DRAFT. CAN I CLAIM DEDUCTION FOR THE SAME.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

28 April 2016 Yes you can claim even if you have paid registration fees in cash.

Abhishek Singh

Abhishek Singh (Querist)

28 April 2016 Ok...Thanking you Sir for the reply.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

28 April 2016 Welcome Sir ...Its our pleasure to help you..!!!

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