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Sir, supposing if an 8% loan of 10m was taken out on 1 Jan, the construction of the qualifying asset started on 1 Mar and went on till 31 Dec. 2m of the unused funds were invested from 1 Jan to 1July at 5%.
So, will the deduction from borrowing costs ( 1 Mar – 31 Dec) be from 1 Jan to 1 July or 1 Mar to 1 July?
Thanks
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