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From general borrowing cost , temporary income is not deducted . Right ? Then why in this question it's deducted.
Answers (7)
CA Suraj Lakhotia Admin
This is a specific borrowing.
How sir ? It's written that debenture is issued for different use like Construction , pur. Of Machinary and WC loan . So it's a general borrowing na
CA Suraj Lakhotia Admin
The loan is identified and hence specific
Identified means ? we can say from this loan ,how much amount is used for qualifying asset. This is why u called it's identified hence specific loan .?
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