Accounting standard -11
This query is : Resolved
Nancy Bhardwaj
(Querist)
16 April 2013
Hii
Do we covert our investment in non integral operation at closing rate.. If yes..
Then how we will knock off our investment with share capital of holding company during consolidation?
Is fctr on translation of investment is a part of cost of control. ?
Do we covert our investment in non integral operation at closing rate.. If yes..
Then how we will knock off our investment with share capital of holding company during consolidation?
Is fctr on translation of investment is a part of cost of control. ?
02 June 2013
Once you have imported any material the same is taken at the price prevailing on the date of arrival and accordingly the loss or profit on foreign exchange fluctuation if booked and there after it is cost or market which ever is lower or if you have consumed then nothing to do with it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Oct 2025 Invoices
- MSME disclosure and disallowance
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
