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Taxtation on Joint Development Agreement, Income Tax |
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Taxtation on Joint Development Agreement |
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Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
Hi Sanjay, As per the notification on this behalf there is a service tax liability on the value of flats constructed and transferred by the builder to the land owner. The value needs to be determined based on valuation rules. It can be cost of construction or Stamp Duty value as executed for the said constructed house.
Dear Rajesh Sharma
Pl provide notification no.
Kindly refer Circular No. 151 /2 /2012-ST. Page: 1 Old Query - New Comments are closed. |
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