Is service tax paid for purchase of under construction property allowed U/S 54 and 54F ALONG WITH THE SALES CONSIDERATION?
PLEASE REPLY ASASP
Menu
Deduction u/s 54 & 54f
Replies (4)
As I understand, it is part of cost of the asset as no input tax credit is being claimed on it.
so, do u mean that it is allowed u/s 54 and 54f
Pls explain the transaction
yes, it is part of cost of property and is allowed u/s 54 and 54f
Recent Topics :
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
Related Topics :
CAclubindia
