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Unrealised gain and loss

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11 February 2014 what is treatment under Income Tax Act of -Unrealised gain or loss (notional) entry made in books as per AS 11. Is it allowable u/s 37..?? or it will be added back to profit for deriving PGBP income...?

11 February 2014 except unreliaised gain or loss on assets, income or exp is booked in p & l account.



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