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Sale and leaseback transaction

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(Querist)
03 July 2007 What is indirect and direct tax implications on a sale and leaseback transaction between and indian subsiadiary company with its parent company in Japan.
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Ravikumar.G

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Ravikumar.G (Expert)
09 November 2007 What kind of leaseback transaction?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
28 September 2008 Sale and lease back transactions will not fetch the desired depreciation benefits, as the WDV for IT purposes will not under go any change.
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