Qualification
This query is : Resolved
24 August 2012
A company having main object to deal in ball bearings has undertaken hedging of Forex and suffered loss of Rs.150000/-?
We are of the opnion that this act is ultra virus act...
can we qualify the report and what should be its content?
We are of the opnion that this act is ultra virus act...
can we qualify the report and what should be its content?
CA Ayush Agarwal
(Expert)
24 August 2012
Hedging of Foreign Currency payable, If Payable in Business, Then Its Part of Busines Income.
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