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Service Tax - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Construction of residential complex - allegation of suppressed ...

Case Laws     Service Tax

July 4, 2023

Construction of residential complex - allegation of suppressed receipts - While theoretically, the petitioner may be right, it is the case of the assessing officer that the veil is to be lifted and the true receipts from the constructions are to be determined. The response of the assessee does not reveal any satisfactory explanation in regard to the difference in land cost vis-a-vis the construction agreement and sale deeds - Matter restored back - HC

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