Leasehold land
This query is : Resolved
Vishal Chaturvedi
(Querist)
30 July 2009
Dear frnds,
a company has purchased land on lease for 90 years. my query is that whether lease payment which is made one time is to be taken as deduction in the same year of payment or divided in years of lease period........ please quote relevent section of incometax....pls answer keeping in view income tax act......thanx in advance
a company has purchased land on lease for 90 years. my query is that whether lease payment which is made one time is to be taken as deduction in the same year of payment or divided in years of lease period........ please quote relevent section of incometax....pls answer keeping in view income tax act......thanx in advance
SAURABH V SHAH
(Querist)
30 July 2009
i am going to appear my pcc exam in nov09 please any body tell me which bokks ihave to refer and best & easy for all subject
Ankur Garg
(Expert)
30 July 2009
Hi Saurabh,
You may go for the following options regarding books for CA PCC/IPCC:
Accounts- Shukla & Agrawal
Auditing- VK Agarwal OR Padhuka
Law- Munish Bhandari OR M.P. Vijaykumar
Ethics & Communication- M.P. Vijaykumar OR Padhuka
Costing- S.N. Maheshwari & Padhuka
F.M.- Saxena & Vashist & Padhuka
Taxation- T.N.Manoharan/ Dr.Vinod Singhania/Girish Ahuja
Information Technology- Pahuka
Strategic Management- Paduka
Also refer Scanners and Suggested Answer issued by ICAI for previous year exams and revised them properly.
Best Regards
You may go for the following options regarding books for CA PCC/IPCC:
Accounts- Shukla & Agrawal
Auditing- VK Agarwal OR Padhuka
Law- Munish Bhandari OR M.P. Vijaykumar
Ethics & Communication- M.P. Vijaykumar OR Padhuka
Costing- S.N. Maheshwari & Padhuka
F.M.- Saxena & Vashist & Padhuka
Taxation- T.N.Manoharan/ Dr.Vinod Singhania/Girish Ahuja
Information Technology- Pahuka
Strategic Management- Paduka
Also refer Scanners and Suggested Answer issued by ICAI for previous year exams and revised them properly.
Best Regards
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