https://www.taxtmi.com/highlights?id=40449 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 en-us Fri, 20 Jul 2018 07:53:21 +0530 Fri, 20 Jul 2018 07:53:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40449 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 Highlights Income Tax Fri, 20 Jul 2018 07:53:21 +0530 https://www.taxtmi.com/highlights?id=40449