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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 · 3 answers · asked by vikky 2 in Business & Finance Taxes India

3 answers

If builder has constructed the flats on his own; there is no question of service tax.Service tax is leviable only when A gives a contract of construction to B.So full facts will be required from your end.

2007-03-08 05:48:55 · answer #1 · answered by Anonymous · 0 0

usually counties difficulty property taxes and that all of them do it to fund county operations. i've got faith Florida has no state earnings tax nevertheless it somewhat is between the justifications some many retire there.

2016-12-18 17:46:39 · answer #2 · answered by ? 4 · 0 0

You can go to Consumer Court or District Court or to Finance Minister.

2007-03-07 20:48:43 · answer #3 · answered by Anonymous · 0 0

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