depreciation under operating lease

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....epreciation under operating lease<br> Query (Issue) Started By: - NIKITA PATIL Dated:- 9-10-2015 Last Reply Date:- 10-10-2015 Income Tax<br>Got 1 Reply<br>Income Tax<br>who can claim depreciation in o....

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....perating lease?if after 3 years lessor will sell asset to lessee... Reply By Mahir S: The Reply: In case of operating leases, for accounting purpose, the leased asset is shown as a Fixed Asset in th....

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....e books of Lessor and depreciation is claimed by the Lessor. In your case, for the first three years and before the sale of asset, depreciation is to be claimed by the Lessor.<br> Discussion Forum - ....

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