DEAR SIR/MADAM
I WOULD LIKE TO KNOW WHETHER LEAVE AND LICENSE RECEIPTS FROM LEAVE AND LICENSE AGREEMENT ARE TAXABLE IN THE HANDS OF LICENSOR? IF YES UNDER WHICH HEAD AND WHICH SECTION WILL BE CHARGING SECTION?
ALSO PLEASE LET ME KNOW WHETHER THE SAME RECEIPTS ARE SUBJECT TO GST AND WHAT IS THE CEILING FOR EXEMPTION
THANK YOU
KAUSHIK
CAclubindia
