I have purchased flat in Pune ..... during possetion on 2006 builder has taken service tax amount and keept with him .........now as per tax department there is no any clear idea whether to take service tax or not ...so my builder is keeping the money of all owners @ 6-7 lacks .....neither he can pay this amount in tax department nor is paying it back to us ..............whether builder has right to keep such money ?? whether flat owner will borow interest on it if yes what is % ..whether service tax department is taking this servicetax if not they why or if yes again why ??????? this is unauthorised keeping of money from other people to builder ...???? what way we can either get back this money from builder ? please advice ........we can get 9.5 % if we put our money as fixed deposit with banks .............
2007-03-07
18:13:29
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3 answers
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asked by
vikky
2
in
Business & Finance
➔ Taxes
➔ India