Sudheer Veeravalli 17 December 2015
K.S.NAVEEN KUMAR 23 December 2015
Since it is already constructed flat, which is ready for occupation, the transaction would be in the nature of sale of immovable property, which should not attract service tax liability. Also see the definition of 'service' in section 65B(44) of the Finance Act, 1994 (ST law), which excludes an activity involving transfer of title in immovable property.
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
