Easy Office
LCI Learning

Capitalisation of forex loss/gain

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 June 2013 please clarify my query that-
if forex gain or loss arise on payment of due amount on purchase of fixed assets.
and forex gain or loss arise on end of the year.

how i have to account this forex loss or gain.
Profile Image

CA Pooja Agarwal

Profile Image

CA Pooja Agarwal (Expert)
12 June 2013 as per AS 11, The exchange difference shall be reported in profit and loss account

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links