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Interest capitalisation on shares

A/c entries 686 views 1 replies

I have a loan agreement with the broker and it makes me able to buy shares and the fund comes from loan.

Now Interest is charged by the broker but i  dont know for which scriptts interest is charged by them. It is not possible to identify the scriptts, because some are sold during the month.

Now i want to capitalize the interest on shares.

How to capitalize the interest?

Replies (1)

no no as 16 provides shares are not qualifying assets


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