Hedging premium

This query is : Resolved 

19 October 2011 As per AS-11 Hedging premium will be amortised over period of contract. MY QUESTION IS how hedging premium will be treated in income tax calculation.whether that premium will be allowed or not.

19 October 2011 Yes, hedging premium will be allowed in income tax calculation on the accrual basis


19 October 2011 agreed, hedging premium allowed in income tax in time ratio.


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