Unrealised foreign exchange loss allowed for mat
This query is : Resolved
02 February 2012
Dear All,
Please advise whether the amount of Unrealised foreign exchange loss to be added back to profit for the purpose of calculation of MAT.
Thanks and warm regards,
Ramesh
Please advise whether the amount of Unrealised foreign exchange loss to be added back to profit for the purpose of calculation of MAT.
Thanks and warm regards,
Ramesh
02 February 2012
Whether unrealised Forex Loss has been recognised in accordance with the AS-11?
.
If, yes, it is to be debited to P&L A/c and Book Profit arrived as such, does not require any adjustment.
.
.
If, yes, it is to be debited to P&L A/c and Book Profit arrived as such, does not require any adjustment.
.
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