Finance cost
This query is : Resolved
Akshay Choraria
(Querist)
11 February 2015
Dear All,
Good Afternoon !!
My query : Interest paid to Creditors for delayed payment or any Interest in respect to fulfill any export obligation will be debited where in Profit and Loss A/c ? Whether under Other Finance Cost or some other head ?
Kindly Help !!
Good Afternoon !!
My query : Interest paid to Creditors for delayed payment or any Interest in respect to fulfill any export obligation will be debited where in Profit and Loss A/c ? Whether under Other Finance Cost or some other head ?
Kindly Help !!
Amol S Joglekar
(Expert)
11 February 2015
Can be shown under Other finance Cost. No problem
CA PRIYUL SHAH
(Expert)
11 February 2015
Can be charged as finance cost.
Akshay Choraria
(Querist)
03 April 2015
Thank You !!
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