Term loan interest


RAJ (ABC)     26 April 2019

RAJ
ABC 
 24 points

| My Other Post

How Term Loan interest paid before instllation of machine will be treated in accounts. Is it capitalized of prepared exp ??

avater

CA Ankur Mehan   26 April 2019

CA Ankur Mehan

 5 likes  119 points

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It is to be capitalised.
As machine is not PUT TO USE.


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