Whether the interest is capitalised or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 June 2012
hi
My question is whether Interest Paid on borrowing amount which is used in to purchase a property (my business is Real Estate Business) is Capitalised or not
My question is whether Interest Paid on borrowing amount which is used in to purchase a property (my business is Real Estate Business) is Capitalised or not
Ca Anand Dubey
(Expert)
04 June 2012
you can book it as expenses
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