Asset on EMI- ITR REPORTING

If any asset related to business is taken on loan under EMI, How to report the same in ITR4?
Replies (2)
Quick Summary
This discussion clarifies how to report business assets purchased using an EMI loan in your ITR4. The consensus is that the asset itself should be listed under fixed assets, while the outstanding loan amount should be reported under sundry creditors.

As such under sundry creditors, if you wish.

If You asked asset then its under fixed asset...

If You are asking outstanding payable (loan due) then its under Sundry Creditors...

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