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Q. > Please Help: Service Tax Applicability
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445 views • Question added May 23, 2014 • Service Tax • By CA VANDAN J JANI , CA , MUMBAI


THE COMPANY HAS PURCHASED A PLOT AND INTEND TO BUILD COMPLEX ON ITS OWN, AFTER COMPLETION OF CONSTRUCTION ,PART OF IT WILL BE RENT OUT & PART OF IT SALE OUT. WHETHER THE SERVICE TAX APPLICABLE FOR THIS PURPOSE???

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MANOJ KUMAR AGGARWAL

28-May-2014 , 02:23:08 pm

if sale after completion of construction than it is immovable property transferred not tax liability and let out part rent more than 10 lakh than arise service tax liability

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