In the Books of Lessor

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In the Books of Lessor

syedhassan
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#3

02-14-2005, 12:57 AM

HI.. MANI..
SURE.. THE SECOND ENTRY IS CORRECT..
AS IN A LEASE CONTRACT, THE PROPERTY IS STILL IN THE NAME OF THE LESSOR, EVEN WHEN LEASED..
AND ONLY A LESSOR CAN CLAIM TAX RELIEF IN THE PROPERTY..
AS HE'S THE OWNER OF THE ASSET AND ALSO BEARS ITS REPAIR, MAINTAINANCE AND DACORATION AND ENHANCEMENT, tax and other capital and revinue expenditures
REGARDS..
SYEDHASSAN..

ACCA

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In the Books of Lessor - by maani - 02-12-2005, 02:16 AM

[No subject] - by Ali Akbar - 02-12-2005, 11:28 PM

[No subject] - by syedhassan - 02-14-2005, 12:57 AM

[No subject] - by maani - 02-14-2005, 02:32 AM

[No subject] - by syedhassan - 02-15-2005, 05:17 AM