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I want to copy data from one field in another if checkbox is true, I know I can do it by trigger but I want to do it in formula field, I don't know how to check the checkbox field my code is like this

IF (
        ISPICKVAL( Lease_Lease_Assign_Applicable__c, "Yes" ),
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if I understood ur requirement correctly, you want to pass the value of the picklist field Lease_Lease_Assign_Applicable__c into a formula text field if the checkbox is checked... the below formula should do it..

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Welcome to SFSE @Vasmi. Good to see you over here, seen you for a long time on the answers community. Welcome :) – Chris Duncombe Aug 8 '14 at 13:49
Thanks @sfdc_ninja .. u guys r doing an awesome job here :-) – Vamsi Krishna Aug 8 '14 at 18:00

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