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A.Barli (Article) (216 Points)
If a capital asset is transferred on lease, does it amount to transfer of capital asset and is there capital gains? What if the leased asset is sub-leased by the lessee?
no it is nt regarded as transfer
It may be treated in two ways
Income from other sources
or deduct from actual lease paid
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Basics of UAE Corporate Tax and VAT(With Recording)
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