TaxTMI 
TaxTMI 
SERVICE TAX ON DEVELOPMENT AGREEMENT
X X X X Extracts X X X X
X X X X Extracts X X X X
....ERVICE TAX ON DEVELOPMENT AGREEMENT<br> Query (Issue) Started By: - RAVI SONI Dated:- 10-4-2014 Last Reply Date:- 10-4-2014 Service Tax<br>Got 1 Reply<br>Service Tax<br>I want to seek your valuable ad....
X X X X Extracts X X X X
X X X X Extracts X X X X
....vice regarding chargebility of Service Tax on Development Agreement. I wan to know that a Development Agreement, unless it is for sharing of profits, Service Tax is payable by the Land Owner to the de....
X X X X Extracts X X X X
X X X X Extracts X X X X
....veloper. Please help me in this particular point as this is a very vital point for future development agreements. Reply By Madhukar N Hiregange: The Reply: Development agreement can be for developme....
X X X X Extracts X X X X
X X X X Extracts X X X X
....nt of plots or for construction. If it is for plots then prior to 1.7.12 there does not appears to be any category to cover. It cannot be under site formation. Post 1.7.12 it could be covered under w....
X X X X Extracts X X X X
X X X X Extracts X X X X
....orks contract. However what is the amount representing and the terms of the agreement would be important. Dev agreements in future could be for infrastructure dev [ roads, water/ electricity lines] w....
X X X X Extracts X X X X
X X X X Extracts X X X X
....hich are done for the municipality/ board who sanctions which could be covered under mega exemption sr no. 12 + other development which could be taxable. If bifurcation exists that maybe considered.<b....
X X X X Extracts X X X X
X X X X Extracts X X X X
....r> Discussion Forum - Knowledge Sharing ....