Pri emi head in accounts
ABHI KUMAR (710 Points)
08 September 2022
we paid pri emi on commercial loan so my question is under whic head we booked pri emi can we claim as expenses????
1 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 September 2022
For sanctioning the loan , charges incurred may be consider as bank charges..
If the payment is reflecting in loan statement then debit it to Loan .
If the payment is reflecting in loan statement then debit it to Loan .
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