Menu
Lease equilisation reserve under IND AS 116
As per new standard for leasing IND AS 116, are we required to maintain a lease equilisation reserve like before?
Replies (4)
No, the existing lease reserve needs to be adjusted with rou
You mean Right to Use Asset?
yes
Okay thanks
Recent Threads
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
Related Threads
CAclubindia
