When payment is done towards import of fixed assets, Forex loss arising on payment is to capitalised to Fixed Assets or expensed out? as per AS 11?
Gaurish kamat (CA in pratice) (45 Points)
11 September 2012When payment is done towards import of fixed assets, Forex loss arising on payment is to capitalised to Fixed Assets or expensed out? as per AS 11?
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 11 September 2012
sandeep
(student)
(188 Points)
Replied 11 September 2012
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