Service Tax on Flat?

Question

My builder is taken service tax on my newley purchased flat ...and kept as FD ...as there is not any clear words of any servece tax circular whether flat owner is exempted from service tax or not ...........just one answer is case is pending with court ..filed by PBAP pune .............it seems that service tax officers also cant clarified on the issue as they neither take servetax or says that service tax is waied off ...........................this is tragedy happening to COMMON MAN everywhere ...............any one please answer

Answer 1

Before you do anything, consider making income tax projections for this year and next. If your situation is complicated enough, you will need a help from your tax advisor