Please suggest me likely treatment under Ind AS for amortization cost method of Loans with the below example -
1. Entity A taken loan of Rs. 1000 mn on 15 Sep 2010 Loan processing fee charged by bank Rs. 25 mn Tenure 13 years. Repayable in 10 equal installments starting 15 Jun 2013 Interest rate @ 12.5% p.a. payable half yearly
If you could provide the solution on excel along with calculations, that will be of great help
CAclubindia
