Lease rent agreement

208 views
User Avatar

accountant
96 Points Posted on 04 June 2022
Dear all
lease rent stamp duty charges Rs.1800000 is treated as expenditure or capitalized in books of account .
Stamp duty Paid by trust (Tenant) and paid monthly rent Rs.108000
0 Reply Share Follow
On 04 June 2022 at 15:37 Report
Replies (2)
Quick Summary
This discussion explores how to account for stamp duty and rent payments on a lease agreement. Specifically, it questions whether a Rs. 180,000 stamp duty charge, paid by the tenant (trust), should be treated as an expenditure or capitalised in the books. The monthly rent is also noted as Rs. 108,000.

User Avatar

GST Consultant
15986 Points Posted on 04 June 2022
It's revenue expenditure
Reply
On 04 June 2022 at 16:20
User Avatar

Profession Business
28246 Points Posted on 05 June 2022
No not correct.
Reply
On 05 June 2022 at 06:14

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Company 3 months old, INC-20A not filed, all 3 of
  2. How do I choose the Best GST Lawyers in New Delhi
  3. Loss on sale of residential flat after indexing al
  4. Short Deduction
  5. Large mismatch between AIS Business Receipts and G
  6. Income tax on Australian Stipendiary Steward on 3
  7. INCOME TAX SECTION 92E
  8. Queries on Tax Invoice and GST
  9. Income Tax Auditor Tenure for Small Companies
  10. Sec 8 company sec 12ab reg

More recent discussions | Post

Related Topics :

Loading