AS -16

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Querist : Anonymous (Querist)
10 February 2011 Is this correct? or is there achange in this regard-
If any enterprise has incurred ancillary cost (related) for the arrangement of funds than amortized part of such cost should also be included as a part of borrowing cost.
For example:- Brokerage, commission, stamp duty charges and any other related cost.Amortized Cost =Total Cost/Usages Am. During the year

11 February 2011 Yes , corrrect as per AS 16.


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