Bank charges on loan amount

Follow the borrowing costs standard in AS 

If it capitalised then it's follows some rules as per AS 16
read AS16

I don't find any rule for bank charges of recurring nature

Incremental borrowing costs means- interest 

bank charges are expensed

It means theses are not be capitalized as it is recurring we expenses

Yes. The standard does not mention about transaction charges, the amt of costs to be capitalised minus any incomes and grants should be capitalised only. AS16.10 

Then, the fixed asset standard also doesn’t have any guidelines about bank charges. So it must be expensed.

Standard basically tress on finance cost which is for making asset ready to use commitment charges, interest ,fees,counter part guarantee s which would have been avoided if no qualifying assets to be generated

Hi which para and send me the link of resource

4. Capitalization of Borrowing Cost

The following conditions should be satisfied for capitalization of borrowing costs:

a. Those borrowings costs which are directly attributable to the acquisition, construction or production of qualifying asset, are eligible for capitalization. Directly attributable costs are those costs which would have been avoided if the expenditure on the qualifying assets has not been made.

b. Qualifying assets will give future benefit to the enterprises and the cost can be measured reliably

Txs. I went through this yesterday also it can be interpreted in other ways. Eg., commencement of capitalisation starts when

expenditure incurred started on construction

Borrowing costs are incurred

activitis s to finish off the asset is underway.

your costs are initial costs, and no treatment is prescribed her.

but again, ‘Expenditure on a qualifying asset includes only such expenditure that has resulted in payments of cash, transfers of other assets or the assumption of interest-bearing liabilities.’ The interest bearing liabilities is your loan. So, you can capitalise bank charges. As 16.15