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To know the classification

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 January 2013 Dear Experts,

What is the correct classification of these following terms as per revised schedule vi . . . . .?

(i) interest On cash credit.
(ii) interest accrued & due on term loans.
(iii) interest accrued but not due on term loans.

Pls do the needful.

Thanks in advance.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 January 2013 Under Financial Cost

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