Leased asset capitalisation
srikrishna (Student CA Final ) (24 Points)
18 March 2016srikrishna (Student CA Final ) (24 Points)
18 March 2016
Saliq Ansari
(CA_Final Student)
(885 Points)
Replied 18 March 2016
It Depends on whether the said leased asset are taken by the Lessee under Finance Lease of Operating Lease.
IF it is an Operating Lease
If it is Finance Lease
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