Query of as 16 borrowing cost

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ISHITA GHAI (Querist)
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05 December 2014 as a statutory audtor how would you deal with the followng
abc ltd commenced construction of a flyover in mumbai in jan 2004 under BOLT scheme .
The same was completed in Feb 2005. Due to sesonal heavy rans in july 2004 n the area,the work on the flyover had to be suspended for 1 month. The company suspended the borrrowing cost of Rs 12.50 lakhs for that month from capitalisaton.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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05 December 2014 it will not be capitalised as it was temporary suspension and suspension not part of project.

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