Liability to pay services tax on development rights received by BMC
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....iability to pay services tax on development rights received by BMC<br> Query (Issue) Started By: - vishwanath shetty Dated:- 7-8-2025 Last Reply Date:- 8-8-2025 Service Tax<br>Got 1 Reply<br>Service T....
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....ax<br>Hello Experts, I would like to known the following, one of our client is involved in construction of residential and commercial buildings, they had taken up a project of&nbs....
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....p; Slum Rehabilitation Authority (SRA ) were they had to build flats in a building for the slum dwellers/tenants and to provide 35 extra flats. against this they had received Development rights.....
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.... Now department is saying to pay the service tax on the development rights received by them for providing 35 extra Flats, the amount of consideration is been calculated on the ready reckoner rat....
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....e of the flats. Are they liable to pay service tax on the development rights received by them? Please advise Reply By Shilpi Jain: The Reply: There is no liability of service tax on development rig....
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....hts. See the decision of DLF which is now pending before SC.<br> Discussion Forum - Knowledge Sharing ....
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