Tds on goodwill paid on lease land
This query is : Resolved
08 March 2013
An Educational institution taken a land on leased for 100 years, Hence they paid non refundable amount of Rs.45,00,000 to landlord as Goodwill and further, in their agreement also agreed to paid a 15 lakhs refundable deposit with monthly lease rental of Rs.8000/-. Whether this non refundable goodwill treated as intangible assets or it should be amortised over period of lease or education institutes liable to make TDS on goodwill payment?
10 March 2013
Please reply its urgent
10 March 2013
Please reply its urgent
15 August 2023
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Households luggage
- TDS 194IB FY 2025-2026
- GST procedure on conversion of Partnership Firm to Pvt Ltd
- COP and Employment with CA Firm
- Succession act
- P&L and B/s Format for Public Companies
- Capital contribution of Land into SPV for Specific project attracts Income Tax & why ?
- Regarding Change in Signature before applying for membership
- CSR Impact Assessment
- Re-entering the work force
- GST ON FOREIGN CLIENT
- GST on Fresh Juice Center(Sugarcane)
- Cloud service
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
