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I have purchase plot in 2011, is there any govt. taxes applicable till today's date, if yes is ther any provision to pa

Q: I have purchase plot in 2011, is there any govt. taxes applicable till today's date, if yes is there any provision to pay it online.
Replies (3)
1
Hi friends!!
In form of Krishi Kalyan Cess, a levy of 0.50% is going to add up to existing rate of service tax on all taxable services which sums up to total service tax of 15%. Arun Jaitely, in his first budget had increased service tax rate to 14% from 12.36% and then added 0.50% as Swachh Bharat Cess from 15th November, 2015. Now, with krishi kalyan cess of 0.50%, the new service tax rate will be 15% effective from 1st June 2016.
Mritunjoy Deb


2
Yes, you can pay your tax online in Nagpur. Here is the link provided for you. http://www.lbtnagpur.com:8080/UserInterfaces-war/index.jsf?faces-redirect=true&includeViewParams=true#9039 or http://203.129.203.6/ and click on pay your LBT.
Vivek Kulkarni


3
Hi Pravin,
If it is held for more than 36 months from date of acquisition, it is classified as a long-term asset. Better if you involve a property lawyer of your locality. He can guide you properly in this matter. Thanks
Sashidharan


4

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