Exchange Fluctutaion.?
This query is : Resolved
PARDEEP SINGH
(Querist)
25 December 2008
If we recveie our forign remittance within one year then the exchange fluctutaion can be transfer into sale in the end of year or is there any other procedure for the same please tell me.
Please reply me soon.
Please reply me soon.
ravi taneja
(Expert)
27 December 2008
AS per AS-11, if any gain or loss occures during foreign exchange than it should be booked in p&l A/c.
23 June 2023
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