Interest on unsecured loan
This query is : Resolved
06 April 2010
Please help me to calculate interest
As on 01.04.2009 Op. Bal. was 60 lac Cr.
Loan taken on 30.04.09 of Rs. 15 lac
so what would be interest on loan as on 31.03.2010
please calculate by showing method of calculation
As on 01.04.2009 Op. Bal. was 60 lac Cr.
Loan taken on 30.04.09 of Rs. 15 lac
so what would be interest on loan as on 31.03.2010
please calculate by showing method of calculation
06 April 2010
ON RS 60 LACS INTEREST FOR WHOLE YEAR.
ON RS 15 LACS---
15 LACS*RATE/365*336
ON RS 15 LACS---
15 LACS*RATE/365*336
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
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Copyright software
- Multiple trade mark
- Value of property in capital gain
- Transporter Declaration form
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding TDS Applicability For Director Remuneration
- Regarding appeal to GSTAT
- Invoice V/S Goods receipt Note Date
- Form 121 & TDS deduction
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
