What is the tax Rate on DEPB License in case of sale.
Attached File : 52 depb.doc downloaded: 209 times
Menu
DEPB
Attached File : 52 depb.doc downloaded: 209 times
Replies (2)
Section 50 is applicable,if the license is forming part of block of assets
what block of assets santosh? its not an asset ??
Depb is an incentive given by the government , its income , has to be credited to P & L , normal income tax rates apply on the final profit /loss figure
Recent Topics :
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
Related Topics :
CAclubindia
