Conversion of currency...
This query is : Resolved
27 January 2012
My company had some Rupee got converted to Dollar.
Suppose the exchange rate of Dollar to Rupees is Rs 50.00.
I converted Rs 5000.00 to dollars with an Agency ABC LTD. (Cheque given in the name of Agency)..
What would be my J.E's .
It's urgent, Please revert
Suppose the exchange rate of Dollar to Rupees is Rs 50.00.
I converted Rs 5000.00 to dollars with an Agency ABC LTD. (Cheque given in the name of Agency)..
What would be my J.E's .
It's urgent, Please revert
27 January 2012
I think their would no entry for the same. Its just conversion of your money from Indian currency to Foreign Currency.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
