Capital Expenditure
This query is : Resolved
05 June 2010
Hi..
Will loan processing fee and bank commission will capitalized if its related to credit facility which is taken for acquiring office premises
Please let me know.
Thanks,
Prashant
Will loan processing fee and bank commission will capitalized if its related to credit facility which is taken for acquiring office premises
Please let me know.
Thanks,
Prashant
05 June 2010
Processing fee is one time payment not to be recovered in any case even the surrender of the loan will not entitle u for refund, so be amortised in the year of payment only,
But whn we talk about IFRSs, effective rate of interest is calculated by considering the Processin Fees for capitalization as well as expenditure....
But whn we talk about IFRSs, effective rate of interest is calculated by considering the Processin Fees for capitalization as well as expenditure....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Offsetting interest income against derivative trading losses
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
