We have allowed to build a shade to a party for protection of our raw material in our premises. Party used his Steel sheet to build shade. We are paying monthly charges for that. In this regard, the nature of payment is come under Rent or contract ?
Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
04 July 2011We have allowed to build a shade to a party for protection of our raw material in our premises. Party used his Steel sheet to build shade. We are paying monthly charges for that. In this regard, the nature of payment is come under Rent or contract ?
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 05 July 2011
the shed is property of security guard, so the payment would go under" security guard expenses"
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 05 July 2011
| Originally posted by : U S Sharma | ||
 |
the shed is property of security guard, so the payment would go under" security guard expenses" |
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