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Pre Emi Interest

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(Querist)
13 October 2016 I had paid an EMI of ₹.20,000.00 in advance.Now where will I have to report this transaction in the Balance Sheet?
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Kajal Jain

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Kajal Jain (Expert)
13 October 2016 Adjust the interest towards the secured loan standing in the balance sheet.
Also claim interest for this financial year,remaining carry forward.

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