Capitalization of Borrowing Cost on Land as per Ind AS 23: Borrowing Costs

Rahul Agarwal , Last updated: 08 September 2025  
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Question Can the borrowing costs incurred on funds used to purchase and develop land for the construction of a building for its use or sale be capitalized as part of the cost of the land? Solution As per Ind AS 23: Borrowing cost Paragraph 3.2: A qualifying asset is an asset that necessarily t

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Rahul Agarwal
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Category Accounts   Report

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