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What are the implications of entering into a lease agreement?

There are various implications of entering into a lease agreement such as you have to pay the stamp duty, the lease agreement has to be registered etc...

08 Dec 2008

There are various implications of entering into a lease agreement.

Here is a list of implications for you:
You have to pay the stamp duty.
The lease agreement has to be registered.
You have to pay the additional municipal taxes.
You have to pay income tax on any income derived from sub letting the lease property.



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