https://www.taxtmi.com/article/detailed?id=17425 Where the grantor regulates public services, users and tariffs and retains a significant residual interest, a bus-stop concession falls within Appendix D to Ind AS 115. The operator does not recognise the underlying infrastructure as Property, Plant and Equipment despite construction or operational responsibilities. Consideration for construction, upgrade, operation and maintenance services is recognised under Ind AS 115 as a financial asset to the extent of an unconditional right to cash from the grantor, an intangible asset where the operator has a right to charge users, or both. Such arrangements are not automatically leases. en-us Fri, 18 Sep 2026 07:32:42 +0530 Fri, 18 Sep 2026 07:32:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17425 Where the grantor regulates public services, users and tariffs and retains a significant residual interest, a bus-stop concession falls within Appendix D to Ind AS 115. The operator does not recognise the underlying infrastructure as Property, Plant and Equipment despite construction or operational responsibilities. Consideration for construction, upgrade, operation and maintenance services is recognised under Ind AS 115 as a financial asset to the extent of an unconditional right to cash from the grantor, an intangible asset where the operator has a right to charge users, or both. Such arrangements are not automatically leases. Articles Accounting - Auditing Fri, 18 Sep 2026 07:32:42 +0530 https://www.taxtmi.com/article/detailed?id=17425