Thanks for all your previous replies really appreciate it,
One question that was left in my last thread was that what amount will we record finance lease liability since Pv of minimum lease payments and fair value of asset is one and the same,
Secondly in IAS 20 , sir you said that if it has conditions attached we disclose it as a contingent liability, but will the process of treating it as a deferred income and releasing it over life of asset and grant continue?