foreign exchange transaction
This query is : Resolved
03 August 2010
is it require to book exchange difference loss or gain on 31st march if we made advance payment to foreign supplier before 31st march & liability is not going to change evev after 31st march
03 August 2010
Yes... the difference has to be booked @ 31st March exchange rate.
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
OR add as source on Google news
- Acquisition of a society by a company
- EPF withdrawal before 5 years and Disclosure in ITR-2
- Rebate Under 87A Issue
- 2.25 CRORE TRADER, NO CASH TRANSACTIONS,3CD APPLICABLE?
- ITC Utilization on vehicle repair
- Clarification on ITR 3: Is Sl. No. 64 required for 44ADA income?
- Gratuity not yet paid shown in form 16
- FORM 115BAC
- Transfer of immovable property without consideration
- HRA in ITR 2 FY 2024-25
- Mis report in excel format of hospital
- Updation Required
- Tax invoice in special case
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
