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Discuss the status of income tax and sales tax in context of leasing in india ?...

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Finance

Discuss the status of income tax and sales tax incontext of leasing in india ? ( 10 points )

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Ok so let us start with income tax implications In India Income tax Act 1961 deals with the matter it categorises the income as follows If the assesse has leasing in his core bussiness then entire lease rental    See Answer
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Discuss the status of income tax and sales tax incontext of leasing in india ? ( 10 points )

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