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!!!
Shaswat initial support private limited
Ahmedabad
CS
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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T R SOOD & CO
New Delhi
CA Inter
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CAclubindia
