Article 25 Case Scenario

Mr. A (Non-resident) provides equipment of aircraft (which  are integral to the airworthiness of aircrafts) on lease to Mr. B (engaged in International transport through aircraft) for Rs AED 5,00,000. Calculate Taxable Income of Mr. A.

Solution : As per Clause 5 , of Article 25 (read with Article 22) of Corporate Act UAE,  Leasing income AED 5,00,000 in the hand of Mr. A is exempt.

Registrations Open
Get 15% discount on occasion of Ramadan

# E-Certificate of Participation
Digital LIVE Interactive Classes
All Sessions Recording & Presentation will be provided

Register Today

Menu