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Infrastructure Leasing & Financial Services Limited (IF&LS ltd). has entered into a lease agreement with the lessee for 5 years at a discount rate of
Infrastructure Leasing & Financial Services Limited (IF&LS ltd). has entered into a lease agreement with the lessee for 5 years at a discount rate of 10% with an annual lease payment of Rs 200 lakhs. What is the treatment (Ind AS 116) of this arrangement in the lessees financial statements? How does such an arrangement impact the solvency position of the lessee which IFLS has to be considered while entering into a contract with the lessee?
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