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
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