Service tax on sale of Flat and Shop for the year 2015-2016
This query is : Resolved
Quick Summary
13 April 2021
A Pvt Ltd Company received advance for sale of flat and shop for the fy 2015-2016. In this Fy the company sold flat and shop .
1. is it considered under service ?
2. if it is considered under service than how should the tax implied on it?
3. Is sale of flat is '' Sale of service '' or '' Sale of goods ''?
1. is it considered under service ?
2. if it is considered under service than how should the tax implied on it?
3. Is sale of flat is '' Sale of service '' or '' Sale of goods ''?
14 April 2021
Please share nature of Business of Pvt. Ltd . feel free to connect on pooja.yagnik@gmail.com with full details.
15 April 2021
IN INCOME TAX RETURN THE NATURE OF BUSINESS ACTIVITIES SHOWN FOR FY 2015-2016 IS OTHER SECTOR CODE 1001
15 April 2021
brief of actual Business activities are required. Can't comment on just random things.
16 April 2021
Nature of business activities is real estate.
17 April 2021
Turnover of Flat and Shop is shown under business income in ITR? Was Flat and Shop was part of Stock ?
19 April 2021
Yes Turnover Shown in ITR as business income (Under PART -A P& L , Sale of Services).
Flat and Shop was shown under WIP.
Can I mail you ITR Copy.
Flat and Shop was shown under WIP.
Can I mail you ITR Copy.
19 April 2021
yes please and full ledger of Of Sales .
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