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Service Tax on One Time Lease Rent for Under Construction Residential Flat in a Housing Society
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....ervice Tax on One Time Lease Rent for Under Construction Residential Flat in a Housing Society<br> Query (Issue) Started By: - Pradeep Kumar Dated:- 15-4-2015 Last Reply Date:- 24-2-2016 Service Tax<b....
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....r>Got 1 Reply<br>Service Tax<br>Builder "ABC Ltd" engaged in real estate business.The company purchased land on lease from Local authority on 99 years lease. The company is developing Reside....
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....ntial flats and group Housing Society on the said land and sold these residential flats in open market at following structure Basic Cost price 2000 sq. ft, PLC as applicable. One Time Lease Rent 85 sq....
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.....ft. IFMS 25 Sq. ft. Builder is charging 12.36% Service Tax on One Time Lease Rent. Questions 1. Whether Builder can charge Service Tax on Lease Rent for Residential Flats. Question 2 : If yes ....
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....than under what ground? Also, Is there any document available which describes clearly that Builder can charge Service Tax from Buyers on One Time Lease Rent. Question 3: Can builder charge Service Ta....
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....x on Parking Space if Parking Space is purchased separately? If yes, How much Service Charge Builder can charge? Reply By Ganeshan Kalyani: The Reply: Hope your query is resolved or else we shall try....
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.... to reply. You may share your views as well to enrich our knowledge. Thanks.<br> Discussion Forum - Knowledge Sharing ....