Car lease to employee



If an organisation offers the lease facility of vehicles to its employees and at the end of a fixed tenure transfers the vehicle to the employee... Will it classify as a finance lease as per Ind AS 17? Just to clarify... The company will purchase the vehicle and then lease it to employee...

Thanks!!!

 
Reply   
 

it should be financial lease
 
Reply   
 

Finance lease
 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU