Service tax on purchase of residential flat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 August 2011
Mr. X wants to purchase a residential flat which is in the name of the Builders. Service Tax on such transaction is made applicable from 01/07/2010. Is there any wayout to save service tax as it would increase the cost to Mr. X ?
11 August 2011
consult your CA, as the amount may be bigger than your financial statements / income and may trouble you in future, so a CA may guide you properly after verifying your financial records.
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