89+ Lawyers are online 
Does builder specifically needs to mention the tax head on receipts
15-Aug-2023 (In Property Law)
Hi How is the registration charge/ service charge and vat calculated for an underconstruction apartment in Hyderebad? Does the builder specifically needs to mention the tax head on the receipts? If yes and if builder is not ready to put that in writing can it cause a legal issue for buyer at later stage?
Hello.yes if you are paying tax to builder ask him about the recite of tax that is issued by the govt ...in case of property tax or if it's private ask him to acknowledge the same than he received so amount towards tax ...so that you are satisfied ...
I need to go through your documents and have a brief to give you better opinion
I need to go through your documents and have a brief to give you better opinion
Helpful?
15+
15+
Adv. Syed Yakoob Zainulabedin
Hyderabad | 100+ Answers
CONTACT NOW
HI
The builder should include the Service tax component and mention the same as separate line time in any receipt being issued to you.
Registration charges and Stamp duties are any mentioned in the reverse of the first/ second page of sale deed and hence these need not be mentioned separately.
As long as the buyer has made all the payments specified in the agreement, there is no problem for the buyer. if the builder is not mentioning the tax component separately, then it is assumed that his prices are all inclusive.
No worries.
The builder should include the Service tax component and mention the same as separate line time in any receipt being issued to you.
Registration charges and Stamp duties are any mentioned in the reverse of the first/ second page of sale deed and hence these need not be mentioned separately.
As long as the buyer has made all the payments specified in the agreement, there is no problem for the buyer. if the builder is not mentioning the tax component separately, then it is assumed that his prices are all inclusive.
No worries.
Helpful?
14+
14+
Adv. Rajagopalan
Hyderabad | 500+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
