Borrowing cost

Muhammed (Chartered Accountant) (251 Points)

29 January 2019  

Hi,

One of our client has started an expansion of project which will be completed only in 2019-20 period which has started during 18-19.  For the same they had taken a loan.  The same includes construction of building and purchase of machinery.  Total loan amount has not been utilized in full.  What will be the treatment of borrowing cost ?