Any one please suggest me regarding difference arising on long term foreign currency monetary items can be capitalised under paragraph 46(A) of AS-11, Can any entity exercise this option for the first time (i.e., from01.04.2011)?.
If not, what does the word "at the option of any other entity" under paragraph 46(A) of Notification dated 29th Dec,2011 (Notification attached)
Thanks in Advance...
Attached File : 632923 1043959 as 11 companies second amendent as rules 2011.pdf downloaded: 256 times
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