under which head bank charges will be shown
other expenses or finance cost
Menu
Revised schedule vi
Replies (2)
According to me it should be shown under Finance Cost. As it is expense related to finance function only.
| Originally posted by : saurabh toshniwal | ||
 |
under which head bank charges will be shown other expenses or finance cost |
 |
It should be shown under "Other Expenses" because normal bank charges are not related to borrowings and cannot be classified under "Finance Cost".
Recent Topics :
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
Related Topics :
CAclubindia
