Question
Which of these are examples of operating leases under
older standard (pre-Ind AS 116) and still sometimes used conceptually?Solution
Ind AS 116 provides recognition exemptions for short-term leases (12 months or less) and leases of low-value assets. For these, lessees can account for lease payments as an expense on a straight-line basis, similar to the old operating lease treatment.
Which organization imposed a ₹1,000 crore penalty on the Punjab government for failing to manage waste?Â
SEBI cancelled the registration of how many brokerage houses for facilitating its clients to trade on the platform of the now defunct National Spot Exch...
What theme was the focus of the 62nd Session of the Commission for Social Development chaired by India?
Who has been elected for the third term as the President of China?
What was the annual increase in UPI transaction volume as of September 2024?
What is the name of Kerala's first generative AI teacher introduced in collaboration with Makerlabs Edutech Private Limited?
What major sports infrastructure development was recently announced in Gujarat for the 2036 Olympics?
Which of the following statements accurately describes the eligibility criteria for opening a Sukanya Samridhi Account (SSA)?
Recently who was appointed as new executive director of World Bank headquarters?
 On 29th November South Korea’s Mina Sue Choi was crowned as the ________ in the event held in the Philippines.
