Service tax benifit of salaried person

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Abhishek Singh (Querist)
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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)
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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)
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28 April 2016 Yes, You can claim as deduction and stamp duty and registration fees also

Abhishek Singh

Abhishek Singh (Querist)
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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)
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28 April 2016 Yes you can claim even if you have paid registration fees in cash.

Abhishek Singh

Abhishek Singh (Querist)
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28 April 2016 Ok...Thanking you Sir for the reply.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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28 April 2016 Welcome Sir ...Its our pleasure to help you..!!!

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