Service tax liability on construction service
This query is : Resolved
06 April 2012
Sir,
We are a partnership firm doing the business of construction of residential complex. We have purchased a land and constructed 15 flat s. what is the tax liability?
Thrinadha Rao
We are a partnership firm doing the business of construction of residential complex. We have purchased a land and constructed 15 flat s. what is the tax liability?
Thrinadha Rao
06 April 2012
Yes you are within the ambit of service tax as the number of residential units is more than 12...further if you take any advance payment before the completion of the prjoect for any of the flat then in respect of that flat you'll be required to pay sercive tax, else not.
Message likes :
1 times
06 April 2012
Agree with above....
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- SFT Cash Deposit in Current Account
- Annual return in Gst
- When TDS on GST applied
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
