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Foreign exchange transaction

This query is : Resolved 
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(Querist)
21 January 2015 hello friends,
please help me out with this transaction.
Indian holding company has given loan to its foreign subsidiary in the F.Y. 14-15 AMOUNTING TO $30000 (@ 61rs) the entire amount is repaid back by the foreign subsidiary in the same F.Y.(@ rs 60) but there was loan outstanding to the tune of $100000 from past years which was not paid by the subsidiary.how the rate difference will be accounted
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Amol S Joglekar

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Amol S Joglekar (Expert)
21 January 2015 Assuming loan to be with ZERO percent rate of interest

Book the loss on account of exchange rate fluctuations. (30,000 in the instant case.)
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