Will there be any exchange gain/loss in import purchase if I have paid the amount in advance?

eg. Suppose I have paid 100$ at Rs.60 in advance, and at the time of invoice the exchange rate is Rs 65 per $. Now at what exchange rate should I book my invoice?
Whether @ Rs 60, resulting in no loss/gain as the amount is already paid, or at Rs 65 resulting in exchange loss, as my liability incurred at Rs 65/ dollar rate.

Kindly suggest the proper treatment as per AS-11.

my querey is regarding share allotment where one company (pvt ltd) held the share allotment money for more than 7 yrs notice has been issued by MCA stating to transfer amount to IEPF.now can we make allotment

should the bank deduct TDS on interests received on deposits made by super senior citizens if its above the limit of 10000 rupees ??

I work in CBSE school. Is it mandatory to deduct TDS on salaries every month and deposit to Govt a/c Or Can't we deduct tds on accumulated salary of 12 months and deposit the same before 31 st march of financial year?. Is there any penality if I do so.Please let me know the consequence.

Regards

Ravi Krishna

sir ,I m IPCC student n my attempt is in November 2014 but my preparation r not yet started n i want to clear both the groups in 1 attempt so i'm thinking it to give may2015 please help me sir ,what should i go for

My client is a hospital. It makes payment to a pathological lab for tests of their patients and payment is above the specified limit. so Tds to be deducted under 194J or 194C? And please do provide me with proper circular, notification or clarification if possible.

if i receive 50000 int as post office saving scheme. the cumulative treatment of 50000 -3500 u/s 10(15) -10000 80tta is this treatment correct??

how do I prepare for cpt in 15 days??

Hello sir, while studying excise, I've came across a case law "UOI v/s DELHI CLOTH MILLS(SC)". I want to know that what does this UOI stands for?? I know its "UNION OF INIDIA". But is it any revenue authority??

Dear Sir,

Can anyone help me on what will be the accounting treatment of Dividend on right shares and Dividend on Bonus shares.