a. Tax-shield on depreciation and interest is an important variable both for the lessor and the lessee

b. Lease transactions in India are governed by the Lease Act

c. A lessee should evaluate the lease options against the buying option

d. As per AS-19, financial lease is shown in the balance sheet of the lessee as an asset


  • A

    a & d


  • B

    b, c & d


  • C

    Only b 


  • D

    a, c & d