Forex gain/loss on purchase of goods

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 March 2016 Hi,

please let me know where to show Forex gain/loss in P & L as per schedule III.

(Whether to show it under finance cost or Miscellaneous expenses)

10 March 2016 If its in relation to goods then wont come under finance cost or miscelleneous exp



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