Forex gain/loss on purchase of goods

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 March 2016 Hi,

please let me know where to show Forex gain/loss in P & L as per schedule III.

(Whether to show it under finance cost or Miscellaneous expenses)

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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10 March 2016 If its in relation to goods then wont come under finance cost or miscelleneous exp

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