As per AS 10
This query is : Resolved
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.
Loan Processing Fee,
Interest on Term Loan,
interest charges for OD Limit
whether it should be capitalized.
25 March 2022
Capitalise interest on term loan and processing fee if it related to plant and machinery.
Charge it to revenue OD interest.
Charge it to revenue OD interest.
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