https://www.taxtmi.com/manuals?id=3560 ICDS-IX addresses the accounting treatment of borrowing costs, distinguishing between specific borrowing and general borrowing, and provides guidance for calculating the portion of borrowing costs that is to be capitalised as part of the actual cost of the asset to ensure consistent tax reporting of qualifying assets. en-us Tue, 12 Dec 2023 14:56:00 +0530 Tue, 12 Dec 2023 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3560 ICDS-IX addresses the accounting treatment of borrowing costs, distinguishing between specific borrowing and general borrowing, and provides guidance for calculating the portion of borrowing costs that is to be capitalised as part of the actual cost of the asset to ensure consistent tax reporting of qualifying assets. Manuals Income Tax Tue, 12 Dec 2023 14:56:00 +0530 https://www.taxtmi.com/manuals?id=3560