TMI BlogLease Agrement IncomeX X X X Extracts X X X X X X X X Extracts X X X X ..... Lease Agrement Income X X X X Extracts X X X X X X X X Extracts X X X X ..... ants to give the Plant along with Building to one party who can manufacture Bricks and do the marketing for the same, apart from Plant & Building comp. will provide the Fly &Bed Ash for manufacturing ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Bricks. Now query is; 1. If comp. give the Assets on Lease to XYZ Ltd then who is entitled to claim Depreciation? 2. Z Ltd. will charge Lease Rent and have to charge Service Tax or not? Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MARIAPPAN GOVINDARAJAN:
The Reply:
Whether you have got clarified in the above issue? If not please inform. X X X X Extracts X X X X X X X X Extracts X X X X
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