Treatment in India
Finance lease is the one in which risk and rewards incidental to the ownership of the leased asset is transferred to lessee but not the actual ownership. Thus in case of finance lease we can say that notional ownership is passed to the lessee.Amount Paid As interest During Lease Period is Showed in P/l Dr Side Of Lessee
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Famous quotes containing the words treatment and/or india:
“Our treatment of both older people and children reflects the value we place on independence and autonomy. We do our best to make our children independent from birth. We leave them all alone in rooms with the lights out and tell them, “Go to sleep by yourselves.” And the old people we respect most are the ones who will fight for their independence, who would sooner starve to death than ask for help.”
—Margaret Mead (1901–1978)
“India is an abstraction.... India is no more a political personality than Europe. India is a geographical term. It is no more a united nation than the Equator.”
—Winston Churchill (1874–1965)