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Manish R. Gadia, Author at All About Finance https://taxclick.org/author/ca-manish-r-gadia/ Tue, 28 Jun 2016 11:26:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://taxclick.org/wp-content/uploads/2021/11/favicon.png Manish R. Gadia, Author at All About Finance https://taxclick.org/author/ca-manish-r-gadia/ 32 32 Whether service tax shall be leviable on sale of under construction flats? https://taxclick.org/type/services-tax/whether-service-tax-shall-leviable-sale-construction-flats/?utm_source=rss&utm_medium=rss&utm_campaign=whether-service-tax-shall-leviable-sale-construction-flats https://taxclick.org/type/services-tax/whether-service-tax-shall-leviable-sale-construction-flats/#respond Tue, 28 Jun 2016 05:05:13 +0000 https://taxclick.org/?p=3202 Dear All, Whether service tax shall be leviable on sale of under construction flats? Recently, Delhi High Court has passed a judgement confirming that service tax shall not be levied on sale of under construction flat. With respect to same, we have summarised the case as under: 1. Background 1.1. Suresh Kumar Bansal (Buyer) had ... Read more

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]]> https://taxclick.org/type/services-tax/whether-service-tax-shall-leviable-sale-construction-flats/feed/ 0 Levy of krishi kalyan cess on debtors as on 01.06.2016 https://taxclick.org/type/services-tax/levy-krishi-kalyan-cess-debtors-01-06-2016/?utm_source=rss&utm_medium=rss&utm_campaign=levy-krishi-kalyan-cess-debtors-01-06-2016 https://taxclick.org/type/services-tax/levy-krishi-kalyan-cess-debtors-01-06-2016/#respond Fri, 27 May 2016 10:03:00 +0000 https://taxclick.org/?p=3120 1. A new cess called as “Krishi Kalyan Cess” is to be levied @ 0.5%  on the value of taxable services. This cess is in addition to any cess or service tax leviable on taxable services. 2. The effective rate of service tax and cess w.e.f. 01.06.2016 would now be 15% on value of taxable ... Read more

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