AS 19

Natesh (CA Practice ) (71 Points)

29 April 2008  

CLARIFICATION REQUIRED REGARDING PVT COMPANY HAS HYPOTHECATED THE VEHICLE AND LOAN HAVE BEEN TAKEN AND MONTHLY REPAYMENT HAVE BEEN REGULARLY DEPOSITED

MY QUERY IS WHETHER DISCLOSURE IS REQUIRED TO BE MADE IN ACCOUNTING STANDARD OF LEASES OR

WHETHER IT IS NOT APPLICABLE