Building owned by the client is not occupied by them, it is instead given on lease for a period of 10 years. In such a case, is AS-19 applicable or can the client treat it as investment property under AS-13...
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Accounting standards
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I Think AS-19 will be applicable
AS 13 - Accounting for Investments excludes operating and Finance leases. Hence this would come under AS 19 only.
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