Dear Experts,

Could you please give your feedback on IAS-17

A company owns buildings under PPE and renting our applies IAS -17.

Whether car park leasing will also to be accounted as per IAS-17 or as other income. If yes, then what if there are more than 1000 tenants with an amount of 1000 p.a.

Whehter temporary open space rent also covered in IAS-17. If yes, then whether amortization is required or direct in one month.

Whether Space rented out for ATM also covered in IAS 17. If yes, then whether amortization is required or direct in one month.

Thanks
Hemant

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