9911796707
TMI BlogSERVICE TAX ON DEVELOPMENT AGREEMENTX X X X Extracts X X X X X X X X Extracts X X X X ..... I want to seek your valuable advice regarding chargebility of Service Tax on Development Agreement. I wan to know that a Development Agreement, unless it is for sharing of profits, Service Tax is paya ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ble by the Land Owner to the developer. Please help me in this particular point as this is a very vital point for future development agreements. - Reply By Madhukar N Hiregange - The Reply = Develop ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment agreement can be for development of plots or for construction. If it is for plots then prior to 1.7.12 there does not appears to be any category to cover. It cannot be under site formation. Post ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.7.12 it could be covered under works contract. However what is the amount representing and the terms of the agreement would be important. Dev agreements in future could be for infrastructure dev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... [ roads, water/ electricity lines] which are done for the municipality/ board who sanctions which could be covered under mega exemption sr no. 12 + other development which could be taxable. If bifurca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion exists that maybe considered. - SERVICE TAX ON DEVELOPMENT AGREEMENT - Query Started By: - RAVI SONI Dated:- 10-4-2014 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aring, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
