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Revised schedule vi

Others 435 views 2 replies

under which head bank charges will be shown

other expenses or finance cost

Replies (2)

According to me it should be shown under Finance Cost. As it is expense related to finance function only.

Originally posted by : saurabh toshniwal
under which head bank charges will be shown
other expenses or finance cost

It should be shown under "Other Expenses" because normal bank charges are not related to borrowings and cannot be classified under "Finance Cost".


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