Whether gain on foreign exchange is operating income or non operating income.
CA Manish K Dhoot (CA, B. Com, NCFM, CPCM) (5015 Points)
01 June 2013Whether gain on foreign exchange is operating income or non operating income.
Shreedhara
(Process lead)
(22 Points)
Replied 11 June 2013
It depends on operation of company. If company's operating activities includes dealing with foreign exch, then it should be treated as "Operating income"
dipesh mehta
(CA FINALIST)
(157 Points)
Replied 07 September 2013
Is Service Tax Payable on Foreign Fluctuation...
CAclubindia
