Sec. 208
This query is : Resolved
hari krishnan
(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??
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??
17 April 2017
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