Service Tax on Under Construction Property

Construction activity is included in declared service list. According to Clause (b) of sections 66E, Construction activity means construction of a complex, building, civil structure or part thereof, including intended for sale to a buyer, wholly or partly, except where the entire consideration is received after issuance of completion-certificate by the competent authority. As per

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Due date for Payment of Service tax

Service tax is an indirect tax which is levied on taxable services provided by the service provider. With introduction of reverse charge mechanism, service receiver is also liable to pay service tax when he receives some services. Payment of service tax on due date for payment of service tax is necessary else you have to

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How to choose Mutual funds

Investors while investing have relevant questions to ask such as – Where to invest? How much to invest? What should be the investment horizon and so on? Today with several investment instruments available, the task of doing prudent investment planning is furthermore difficult, because you are surrounded with host of information around several investment instruments

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