https://www.taxtmi.com/highlights?id=15544 Nature of Lease - In substance, finance lease is a loan from the lessor to the lessee. In an operating lease, the lessor bears the risk of loss, the period is cancellable and lease rentals are not synchronized with the economic life of the asset. - AT en-us Mon, 04 Nov 2013 07:48:20 +0530 Mon, 04 Nov 2013 07:48:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15544 Nature of Lease - In substance, finance lease is a loan from the lessor to the lessee. In an operating lease, the lessor bears the risk of loss, the period is cancellable and lease rentals are not synchronized with the economic life of the asset. - AT Highlights Income Tax Mon, 04 Nov 2013 07:48:20 +0530 https://www.taxtmi.com/highlights?id=15544