CA Day celebration 2024 Easy Office
LCI Learning

Discount rate in leasing??

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 October 2016 why under leasing, discount rate is net of tax??
Profile Image

Thrissurkkaran Ishtan

Profile Image

Thrissurkkaran Ishtan (Expert)
17 October 2016 Because Lease Rent paid is a tax expensive item. If your lease rent is 10,000 and your tax rate is 30%, your cost is only 7,000 The balance 3000 govt bears.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links