Easy Office
LCI Learning

Loss & Profit on exchnge fluctuation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 March 2010 My Querry is ,
Loss or profir incurred by the assessee while paymennt of import is a part of trading or profit & loss account
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
29 March 2010 PROFIT & LOSS ACCOUNT
Profile Image

Zeeshan

Profile Image

Zeeshan (Expert)
29 March 2010 As per AS-11 Loss/Gain on Foreign Exchange Transaction is to be charged/Credited to Profit & Loss Account.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links