1 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 28 April 2021
Allocate the interest cost by calculating the number of days and capitalise it. The other qualifying assets should also be capitalised by calculating the amount of funds with number of months. 16% term loan should be calculated on 4 crores rupees and Interest should be added with 6 crores proportionately
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