our client had paid interest to the contractor on account of delayed payment. now the question is whether this interest will be capitalised or dirctely charged to Profit and loss account. kindly reply with AS reference.
thanks in advance
our client had paid interest to the contractor on account of delayed payment. now the question is whether this interest will be capitalised or dirctely charged to Profit and loss account. kindly reply with AS reference.
thanks in advance
Here you have not cleared that contractor is for what?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
