Term loan interest

RAJ (ABC)     26 April 2019

 24 points

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


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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