Service tax benifit of salaried person
This query is : Resolved
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
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
27 April 2016
Yes it can be part of bank loan and take the benefit of principal amount payment.
28 April 2016
Yes, You can claim as deduction and stamp duty and registration fees also
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.
28 April 2016
Yes you can claim even if you have paid registration fees in cash.
28 April 2016
Ok...Thanking you Sir for the reply.
28 April 2016
Welcome Sir ...Its our pleasure to help you..!!!
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