Lease

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2011 Dear Experts ,

What is the treatment if a company takes a building on lease on outright payment of Rs. 15 lacs for 99 years, with monthly rent of Rs. 5000/- p.m.

thnx in adv

05 June 2011 Treatment in what repect: TAX, COMPANY LAW, OR ACCOUNT OR ANY OTHER RESPECT PLEASE MENTION.....
REGARDS,
Sumat Singhal

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 June 2011 Treatment in respect to :

1) Income tax

2) Companies Act


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