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BL
July 5
July 1
TWENTY YEARS AGO TODAY
Ref. comment posted thereat.
Still a taxing place to do business
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Tmi
Service tax -twice over ?
Buying property? Keep your feet on the ground
BL
July 5
Banking on better times
July 1
TWENTY YEARS AGO TODAY
<> Sporadic
:
"Service tax from today ..." It is not a pleasant experience to be
reminded of the idea of new type of the levy with its origin traced back
to two full decades. The nation has come a long way ; today, the
service tax net has been spread too far and wide, to leave nothing
outside of it- even if no element of 'service' is involved (that is,
even if no one knows and can imagine or comprehend as to who renders
service and to whom and so is the proverbial million dollar (at its
present value) question. Consider the latest in the series being on
members' monthly share of common expenses of a building complex
collected/paid to themselves i.e. the housing society constituted by
themselves. The principle of 'mutuality' (it is common sense that ,
none can pay to self but still be regarded as 'income' or 'service' ).
At least , think and keep doing so, till perchance good or better sense dawns.
Related -
<><>
http://apartmentadda.com/blog/2014/01/23/service-tax-for-rwa-society-association-circular-o
23 Jan 2014 ... There has been a latest Circular from the Ministry of Finance, that may require you to re-evaluate the method used by you to collect Service Tax ...
Related -
<><>
http://apartmentadda.com/blog/2014/01/23/service-tax-for-rwa-society-association-circular-o
23 Jan 2014 ... There has been a latest Circular from the Ministry of Finance, that may require you to re-evaluate the method used by you to collect Service Tax ...
Still a taxing place to do business
< Introducing Goods and Services Tax and doing way with retrogressive
taxation can boost investor confidence »
AT
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05 Jun 2014
....has many
expectations from the new government, so as is real estate industry,
real estate developers, investors, consultants and professionals are
waiting for the change and expecting some positive moves, that can […]
 |
|
Posted: 05 Jun 2014 12:20 AM PDT
Reverse mortgages enable house owners to access the money they have
built up as equity in their houses. Unlike an ordinary mortgage, which
involves payments by the borrower to the lender, a reverse mortgage
involves payments by the lender to […]
 |
Tmi
Service tax -twice over ?
M/s. Jaipuria Infrastructure Developers Pvt. Ltd. Versus CST, Delhi - 2014 (4) TMI 443 - CESTAT NEW DELHI - Service Tax
Demand of service tax reimbursement collected by the appellant from the buyers of the commercial property - whether or not a person, who is not an assessee, can recover any amount from anyone as representing service tax. - Passing of service tax as paid by the contractors to the buyers of flats - Held that - The Revenue cannot be allowed to receive service tax twice in respect of same construction activities, once from the contractor and the seco........
Letting out your apartment as hostel or serviced flat?
Buying property? Keep your feet on the ground
·
"....water are being used up without any thought given to renewing the depleting water table. ..." No clue what exactly is in her mind/sought to be conveyed. Except that, one can readily think of the ongoing reckless / impudent pursuit of luxury , - in the name of 'private swimming pools' in the already developed so also being -developed housing projects all around ; including in 'hallis' like bengaluru, where water is most likely to exist as a commodity on paper - not on the surface or below the ground ! The most abhorring fact is the already dried-up / parched minds of the local authorities continuing with 'sanctioning' such projects, same way as a couple of far-better decades ago.
"....water are being used up without any thought given to renewing the depleting water table. ..." No clue what exactly is in her mind/sought to be conveyed. Except that, one can readily think of the ongoing reckless / impudent pursuit of luxury , - in the name of 'private swimming pools' in the already developed so also being -developed housing projects all around ; including in 'hallis' like bengaluru, where water is most likely to exist as a commodity on paper - not on the surface or below the ground ! The most abhorring fact is the already dried-up / parched minds of the local authorities continuing with 'sanctioning' such projects, same way as a couple of far-better decades ago.
".........buy
only when the project nears completion...." Instead, Is it not common
sense or rather prudent to buy only after completion in all material respects-
if not thereby avoid , and if not all other inescapable / inevitable inherent
perils/ regrets, at least to save the certain addl. tax burden e.g. VAT,
service tax, so on, wrongly imposed and come to stay for the present/ i the
foreseeable future. Over to 'experts' for true enlightenment !
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