Is Parking area a lease or a non-lease component as per Ind AS 116?

Gautam Gupta , Last updated: 22 September 2020  
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Background: Ind AS 116 has beeneffective for the financial period beginning from 1 April 2019 onwards. There are many challenges that entities are facing while implementing and transiting to such new leases accounting standards. One issue that is constantly faced by every lessee is doing accou

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Gautam Gupta
(Manager - Capital Market and Accounting Advisory Practice )
Category Accounts   Report

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