leasing
Radhika R Krishnan (Student) (135 Points)
25 February 2017Radhika R Krishnan (Student) (135 Points)
25 February 2017
CA. Sandeep Kumawat
(CA)
(341 Points)
Replied 25 February 2017
Incase cost of capital of the leasing company is available at the inception of lease then we must take Cost of capital, else we will use incremental borrowing rate.
Please refer AS-19 Leases para 3.17 and 3.18
Vishal
( CA student)
(394 Points)
Replied 25 February 2017