What is substance over form example?Imeuzaje bandari?
Another example is the situation where a company short of cash sells its machinery to the bank and then leases the same property from the bank. This arrangement is called "sale and leaseback". Although the legal ownership has been transferred to the bank, the underlying economic reality for the company remain the same
.kwa hiyo hapa Kwa lugha nyepesi itakuwa umechukua mkopo Kwa dhamana ya hiyo machinery