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Ind AS: How accounting of lease changed for lessee?

April 9, 2019
875 Views
Compared to previous Standard (Ind AS 17) on leases which shall be omitted w.e.f. April 1, 2019, principles of Ind AS 116 for lessor are substantially same. However, there is significant change in the way a lessee shall account for leases in its books.
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