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Sec. 208

This query is : Resolved 
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(Querist)
12 July 2013 Can anyone clarify me what is the exact duration to provide for interest on capital under sec 208. I didn't understand the "half-year from the end of ..." as stated in ICAI..


Also, given that such an expense be capitalised to the construction cost!
But, I believe AS-16 doesn't deal with EQUITY and interest thereon!
Is sec. 208 an exception??
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CA LOKESH KASAT, FCA, M.Com

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CA LOKESH KASAT, FCA, M.Com (Expert)
17 April 2017 Very old Query need to be closed now
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