If the agreement does not provide for transfer of assets at the ...

Leases Without Asset Transfer or Ownership Risks Are Not Financial Leases in Banking.

December 24, 2013

Case Laws Service Tax AT

If the agreement does not provide for transfer of assets at the end of the lease term during which monthly user charges are collected, and all risks and rewards incidental to ownership are not transferred, such leasing activities would not fall under the category of financial lease coming under the banking and financial service - AT

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If the agreement does not provide for transfer of assets at the ...

Leases Without Asset Transfer or Ownership Risks Are Not Financial Leases in Banking.

December 24, 2013

Case Laws Service Tax AT

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