Yes
Capitalization of Loan Processing Charges
We have obtained a loan for the purpose of purchasing a property and in this regard, whether loan processing charges can be capitalized for the cost of acquisition of such property
Asked 9 years ago in Income Tax
Yes you can capitalize the processing fees to the cost of acquisition of Property.
Ask a Chartered Accountant
Get tax answers from top-rated CAs in 1 hour. It's quick, easy, and anonymous!
Ask a CA