sir , i have inserted Oct 20 MTP Ques , my doubt is
In Point (ii) – Interest accrued but not due on borrowings Rs 700 lacs ka effect P&L mei kyu ni aaya ?
Are we assuming that Interest on Borrowings is included in Operating expenses – If yes , then shouldn’t it be shown under Finance cost ?
Pls explain
Hi Akshat,
Yes you are correct it should come under Finance cost.
Regards
Sambhav
Sir , is solution given wrong ?