Tax treatment of Depreciation of ROU assets and lease liability financial expenses

Yogendra Singh (93 Points)

30 September 2024  
respected sir

I have one query.

My one of the client follow IND AS 116, they created ROU assets and lease liability.
the depreciation of ROU assets charge to P&L account and Finance expenses (interest) on Lease liability also charged to P&L.

How I give tax treatment of that as per income tax act