How Term Loan interest paid before instllation of machine will be treated in accounts. Is it capitalized of prepared exp ??
Menu
Term loan interest
Replies (1)
It is to be capitalised.
As machine is not PUT TO USE.
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
