TMI BlogAccrual of income - Nature of Lease – Finance by hire purchase lease – classification as per Accounting...Accrual of income - Nature of Lease – Finance by hire purchase lease – classification as per Accounting Standard 19 (AS-19) - the question has to be seen from the terms of the agreement entered into between the assessee - the contentions of the assessee's is rejected that the transaction is only a finance lease ..... X X X X Extracts X X X X X X X X Extracts X X X X
|