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Profit prior item

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 August 2015 Dear Sir,
Actually in the year A.Y 2013-14, I don't claimd any interest on loan of my vendor.
In the A.Y 2014-15, I paid the interest payable amount. How I can treat the non claimed expenditure in the A.Y 2014-15
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Amol S Joglekar

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Amol S Joglekar (Expert)
28 August 2015 now you can not claim the same for this year. You account for it through CAPITAL account.

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