As 10
This query is : Resolved
14 February 2014
Please explain if the interest of bank OD will be added to the cost of fixed asset. If no then please give the reasons also
14 February 2014
should normally not as overdraft are generally given for short term financial needs. so normally it is not for the purpose for financing fixed assets.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Cgst asmt - 10
- RELATED TO ITR OF POLITICAL PARTY
- CAN a GSTIN registered under rule 14A opt for composition scheme without withdrawal from rule 14A ??
- E-Invoice applicability related question
- Expenses in f&o trading
- PTEC-payment
- Reduce fine on my company
- Do i need to file ITR for getting money from mother
- Dividend to NRI shareholder
- Query on 80G exemption on Corpus Donation
- Fy 22-23 --> tyed more in gst 3b vs 2b, any interest?
- INCOME TAX QUERY FY25-26()\
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
