Please enable JavaScript.
Coggle requires JavaScript to display documents.
Date of disposal, Disposal - Coggle Diagram
Date of disposal
no sales and purchase agreement
earlier of
date when ownership transferred
whole amount of consideration received
DD=date of completion of disposal of asset
there is conditional contract
Requires approval from Gov
where acq/disposal requires approval by Gov, this is
conditional contract
DD of conditional contract=date of such approval
approval from Gov+fulfil conditions
where acq/disposal requires
approval by Gov
and contract
requires few conditions
to be met
DD=date last of such condition is satisfied
There is sales and purchase agreement
date of contract=date of disposal
Disposal
exchange for another
asset has MV
DP=MV asset received by disposer
Asset do not have MV
DP=MV of asset disposed as consideration disposal
Lease
whole leased is sub leased
Grant lease on land = disposal asset (lease)
Deemed AP= Premium paid X no of years unexpired lease term /
no of years full lease term
sub-lease of lease = disposal chargeable asset