foreign exchange
This query is : Resolved
17 May 2009
My client have incurred a loss due to foreign exchange fluctuation due to cancellation of forward contracts. So can I show that loss in extra ordinary item
18 May 2009
No...
the loss is in course of ordinary business. So it will be under head "Loss due to foreign exchange fluctuation"
the loss is in course of ordinary business. So it will be under head "Loss due to foreign exchange fluctuation"
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