As per AS 10

This query is : Resolved

Daya (Querist)
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24 March 2022 As per AS 10, Before production expenses incurred for
Loan Processing Fee,
Interest on Term Loan,
interest charges for OD Limit
whether it should be capitalized.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 March 2022 Capitalise interest on term loan and processing fee if it related to plant and machinery.
Charge it to revenue OD interest.

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