Processing fee
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 November 2011
Dear Sir,
We purchases certain vehicles (for commercial use) and financed the same from bank. we paid Processing fees for loan. My query is whether this processing fees should be capitalised ?
We purchases certain vehicles (for commercial use) and financed the same from bank. we paid Processing fees for loan. My query is whether this processing fees should be capitalised ?
Rajnish Singh
(Expert)
12 November 2011
Dear .
Processing Fees will be also capitalized.
All the Expensess which is made for Purchase of Fixied Assets or to make in the Form of Working should be capitalized.
Processing Fees will be also capitalized.
All the Expensess which is made for Purchase of Fixied Assets or to make in the Form of Working should be capitalized.
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