Friday, August 3, 2018

Maintenance of building by builder till transfer of property not taxable as 'Maintenance or repair service'

GST/Service Tax : Where a builder collected amount from prospective flat buyers for maintaining and repairing building till conveyance of property to buyers, same would not taxable under head 'management, maintenance or repair' service

from www.taxmann.com Latest Case Laws https://ift.tt/2ODaW57

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...