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Trarement of int in case of real estate company

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(Querist)
21 September 2013 what will be the treatment of interest cost in case of real estate company who deals in trading of purchase and sale of plots...interest will be capitalized or treated as expenditure.????
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Anil Sankar V

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Anil Sankar V (Expert)
21 September 2013 is it stock or fixed asset?

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