Query related to intt. on loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 February 2013
Sir,
Loan taken for purchase of Land for investmnent purpose interest on loan should be capitalised or Write off????
Loan taken for purchase of Land for investmnent purpose interest on loan should be capitalised or Write off????
24 August 2013
No. interest cannot be capitalised while taken loan on land purchase
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