Usa sale
This query is : Resolved
23 October 2013
Sir I want to know if we are doing business in usa but account maintain in india. so in which currency we should maintain a/c, india or usa, if we maintain in usa then there will be currency fluctuation. please suggest me.
23 October 2013
if no act other than maintaining the account is carried out in India, then it is advisable to maintained the accounts on USD.
23 October 2013
if you are liable to tax in India (i.e. Resident or Indian company), then you have to maintained books of accounts in INR taking effects of currency fluctation
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Supply through E-commerce Operators
- TDS Claim year
- Rent lease agreement
- TDS Challan Code
- Relief u/s Section 89
- REGARDING SECTION 44AE
- Suggestions required for income tax filing-software (FY 2025-26)
- E way bill for tractors
- SGST balance is there in credit ledger how to adjust for cgst
- GST ON DAMAGED GOODS
- REGARDING GST LIABILITY/....
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
