Ind as - query regarding effective interest rate of loan


This query is : Resolved 

(Querist)
18 March 2016 Hi,

Please suggest me likely treatment under Ind AS for amortization cost method of Loans with the below example -

1. Entity A taken loan of Rs. 1000 mn on 15 Sep 2010
Loan processing fee charged by bank Rs. 25 mn
Tenure 13 years. Repayable in 10 equal installments starting 15 Jun 2013
Interest rate @ 12.5% p.a. payable half yearly

If you could provide the solution on excel along with calculations, that will be of great help

Thanks,
Sandeep

Sandeep Garg (Querist)
22 March 2016 there is no expert for IFRS / IND AS?

01 August 2024 https://docs.google.com/document/d/14miq4k3eG06rTAhhrk5t6YYgLW7xx-UxQAjBRiJYLBg/edit?usp=sharing


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