If licensee pay the flat maintaince to the society so whether the standard deduction of 30 percent allowable to licensors from rental income recd from licensee
Sport Classic (32 Points)
08 May 2023If licensee pay the flat maintaince to the society so whether the standard deduction of 30 percent allowable to licensors from rental income recd from licensee
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 08 May 2023
Yes, subject to the specific clause incorporated in leave & license agreement.
sabyasachi mukherjee
(27574 Points)
Replied 14 May 2023