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Interest on building loan

This query is : Resolved 
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(Querist)
18 July 2025 My cleint has constructed a shop used for business.
Int paid on loan nealry 20 lakhs
Can we capitalise that interest before and after construction??
Because if I show it as bus.exp, profit will zero
Then bank OD,loan purpose get difficult

Pls suggest
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
18 July 2025 You can only capitalize interest paid over construction loan till the date of completion. After that it is been treated as revenue expenditure.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
26 September 2025 Good luck...
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