Dear All,
As per notification dated 01-07-2010, advance money received against booking of flat attract service tax...
Does the same rule also apply to advance money received against Land???
Pls Clarify this issue....
thanx in advance!!!
Advance against flat/land???
Replies (3)
Construction attracts service tax and so advance revcd against flat booking attracts service tax..
So if u have recvd amount for which you are going to provide services which attracts service tax then you are liable to pay service tax..
if ur doubt is not solved, kindly clarify purpose for which you hav revd amount.
Construction attracts service tax and so advance revcd against flat booking attracts service tax..
So if u have recvd amount for which you are going to provide services which attracts service tax then you are liable to pay service tax..
if ur doubt is not solved, kindly clarify purpose for which you hav revd amount.
land and building both are different....service tax provision talk about Building (Flats) but not talk about Land....so my doubt is does the same provision also apply to LAND.
Recent Topics :
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
Related Topics :
CAclubindia
