capitalisation of interest
This query is : Resolved
29 October 2008
can we capitalise interest paid to bank during the period of temperory shut down? shut down is for the purpose of maintenance. will it makes any difference if shut down is for increasing efficiency of plant?
29 October 2008
No.
31 October 2008
no way....you cant...shut down period during production period wil not attract capitalise clause since it is during the normal course of businee
31 October 2008
The iterest will have to be charged off.
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