banner_ad

Service tax on flat purchase

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 February 2013 Hello Sir,

My Brother booked a flat which is currently in under construction status. I have paid almost full amount to the builder and only registration is awaited. My query is...

1. Even though the sale deed is not registered yet and payments/ considerations made in advance to the builder, will it still attract Service Tax..?

2. Also Builder says if you register the agreement after CC/OC received by Authority to the builder...you do not need to pay service tax, but penalty applicable....?

Please clarify...

BR
Prashant Sawant
Profile Image

Nilesh

Profile Image

Nilesh (Expert)
18 February 2013 If you paid money for under constructed flat, you will be liable to pay service tax, irrespective of the fact that you made regn after CC.

(views are personal)

Nilesh
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details