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Treatment of F.E. fluctuations

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(Querist)
06 June 2009 Kindly advise the treatment of F.E.Diff against repayment of F.C. Loan(long term), if we paid in installments. Whether it could be added to Fixed Assets or to be shown in P&L?.
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Deepak Agrawal

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Deepak Agrawal (Expert)
06 June 2009 As per company (accountig standard) rules, the same should be transferred to PL account.

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