SALE TAX

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MAHESH

MAHESH (Querist)
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20 October 2010 I WANT TO KNOW WHAT IS DEEMED SALES , AND DEEMED PURCAHSE

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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21 October 2010 If something is given on lease for the period of useful life of the product, it is a deemed sale for lessor, and deemed purchase for lesee.

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