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Sir, In the section 43A of PGBP do we include the interest component also to varify the difference from the acquisition date.


aman kawad

aman kawad

CA Inter

7K+

25-Jul-20 19:15

35

Answers (1)

Section 43A clearly mentions about foriegn exchange difference only. Hence interest component shall not considered for the purpose of Section 43A. Capitalization of interest mentioned in ICDS-IX - Borrowing Costs, refer for more clarification.


KEERTHI PRIYA

KEERTHI PRIYA

Moderator

28-Jul-20 12:40

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