As 16 capitalization of interest on capital of partner

This query is : Resolved 

10 August 2013 Can we capitalize interest given to partners in case of builders as per AS 16?

22 August 2013 No.it is not borrowing cost as per as-16

22 August 2013 If Building under construction, then only it will be eligible for capitalized




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries