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Fsi

(Querist) 15 March 2014 This query is : Resolved 
What is the FSI Law in the Maharashtra? How is to be valued?
Is it the capital assets?
How to value the fair value consideration?
How to value the cost?
Is it capital indexation available?

When a cover designer or artistic draws the photos or artistic drawsch the photo and sell this cover to publisher or any lover of paintaing , then in such case which tax is applicable> ? is vat or service tax ?


ajay sethi (Expert) 15 March 2014
academic query
T. Kalaiselvan, Advocate (Expert) 16 March 2014
A very good query which can be better attended by a local tax consultant, please approach one locally.
Anirudh (Expert) 16 March 2014
Dear Hetalsangoi, the answer to your query on the FSI law would depend upon the fact situation. Therefore, come with facts to get the appropriate answer.

As regards the second query, again you have to come out with facts.


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