https://www.taxtmi.com/acts?id=41002 Borrowing costs directly attributable to acquisition, construction or production of a qualifying asset shall be capitalised as part of the asset cost when they are probable of producing future economic benefits and can be measured reliably. For specific borrowings, capitalisation equals actual borrowing costs less income on temporary investments. For general borrowings, a weighted average capitalisation rate is applied to qualifying expenditures. Capitalisation begins when expenditure, borrowing costs and preparatory activities are in progress, is suspended during extended interruptions, and ceases when substantially all preparatory activities are complete. en-us Sat, 05 Nov 2022 12:12:57 +0530 Tue, 30 Dec 2025 11:20:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41002 Borrowing costs directly attributable to acquisition, construction or production of a qualifying asset shall be capitalised as part of the asset cost when they are probable of producing future economic benefits and can be measured reliably. For specific borrowings, capitalisation equals actual borrowing costs less income on temporary investments. For general borrowings, a weighted average capitalisation rate is applied to qualifying expenditures. Capitalisation begins when expenditure, borrowing costs and preparatory activities are in progress, is suspended during extended interruptions, and ceases when substantially all preparatory activities are complete. Act-Rules Companies Law Sat, 05 Nov 2022 12:12:57 +0530 https://www.taxtmi.com/acts?id=41002