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Forex Treatment for acquiring Fixed Asset

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(Querist)
31 May 2010 I purchased a fixed asset from U.S.A. for Rs. 10000/-. Payment was made after 2 months at Rs. 12,000/- due to $-INR flucuation. Whether the difference of Rs. 2,000/- should be capitalized or written/off to P/L A/c as Forex Loss?
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Madhusudan Bohra

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Madhusudan Bohra (Expert)
31 May 2010 Exchange difference should be capitalised.
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