Exchange rate for asset capitalisation

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Querist : Anonymous (Querist)
27 May 2014 Generally, Bill of Exchange (BOE)rate is used for capitalisation of asset. What exchange rate should be used in case of capitalisation of Software

27 May 2014 rate on date of received the material.

28 May 2014 you can book on amount on which Bill of entry are made or on which date goods recd.




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