TMI Blogdepreciation under operating leaseX X X X Extracts X X X X X X X X Extracts X X X X ..... who can claim depreciation in operating lease?if after 3 years lessor will sell asset to lessee... - Reply By Mahir S - The Reply = In case of operating leases, for accounting purpose, the leased as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... set is shown as a Fixed Asset in the books of Lessor and depreciation is claimed by the Lessor. In your case, for the first three years and before the sale of asset, depreciation is to be claimed by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Lessor. - depreciation under operating lease - Query Started By: - NIKITA PATIL Dated:- 9-10-2015 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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