Forex gain & loss
This query is : Open
23 August 2011
PLEASE EXPLAIN THAT IF WE AVOID THE FOREX GAIN INCOME FROM P&L , IS IT WILL AS CONCEALED INCOME OR NOT. PLEASE CLEAR MORE.
23 August 2011
Forex gain must be add in IT income it is concealment of income. if you filed your return in time than revise the return.
24 August 2011
if there is gain in my Profit and Loss a/c. then should I deduct it from closing stock. what is the right way.
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