Results for #Underconstruction
Legal
#underconstruction#flat#builder#applicable
I need to know more about Service tax rate on underconstruction flat. Yesterday I received a mail from my builder as- ' Dear Sir, this is to inform you that Service tax rate is going to increase from current 3.09% to 4.944% w.e.f. 1.7.2012. So, the difference rate will be applicable to you on your balance amount which you will be paying on or after 1.7.2012.' I wanted to confirm whether there is any such change in the Service tax rate.
I need to know more about Service tax rate on underconstruction flat. Yesterday I received a mail from my builder as- ' Dear Sir, this is to inform you that Service tax rate is going to increase from current 3.09% to 4.944% w.e.f. 1.7.2012. So, the difference rate will be applicable to you on your balance amount which you will be paying on or after 1.7.2012.' I wanted to confirm whether there is any such change in the Service tax rate.
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Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
The present question is irrelevant in the light of appilcability of GST with effect from 1st July 2017.
Purchase & Sales
#underconstruction
We paid a small token in cheque and rest in cash to a builder for 4 offices in a under construction property in andheri. the project has not seen the light of day since 2008. Now we hear that the builder has made a deal to sell the plot to the neighboring plot owner. how can we ensure that he does not get paid without compensating the investors ? Can he make us the payment in cheque since he will receive all cheque for this new deal. will we be taxed on it as we paid only a small token in cheque. how much should we expect ?
We paid a small token in cheque and rest in cash to a builder for 4 offices in a under construction property in andheri. the project has not seen the light of day since 2008. Now we hear that the builder has made a deal to sell the plot to the neighboring plot owner. how can we ensure that he does not get paid without compensating the investors ? Can he make us the payment in cheque since he will receive all cheque for this new deal. will we be taxed on it as we paid only a small token in cheque. how much should we expect ?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
You have to file a suit and get an injunction against the developer from creating third party rights in respect of the offices sold to you and further that any agreement done by him in favour of a third party would be subject to your rights in the offices. Further, unless you are able to prove payments made in cash (if the same is disputed by your builder) then seeking compensation to that exte...
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Society Matters
#flat#underconstruction#pune#paid#maintenance
I purchased a flat in an underconstruction project in Pune and have paid the maintenance for a year already. I have been living in this flat for 7 months, I want to know when my maintenance will start as this project is still underconstruction and might take a couple of years to get completed.
I purchased a flat in an underconstruction project in Pune and have paid the maintenance for a year already. I have been living in this flat for 7 months, I want to know when my maintenance will start as this project is still underconstruction and might take a couple of years to get completed.
Answered on November 08, 2017
Maintenance charges are collected to meet expenses required to maintain property of a Society, it starts from the day building receives Occupation Certficate from the authority or possession whichever, is earlier
