An important query

Well, the treatment depends on the accounting you were done initially

It the difference was adjusted to Loan received from Parent company initially, now we should adjust the amount received from bank to caarying amount and while you are repaying the same to Parent company the difference between amount repaid in INR and Caarying amount trasferred to profit and loss account 

Or

If the difference was treated as bank charges initially, now the amount returned by bank should be treated as Income and same should be credited to profit and loss account

I agree with Prakesh.

agree with prakash

there is no 2 treatment , it will be treated as income only

 here i have read your question and after reading it a find that as per as 11 "accounting for foreign exchange transaction '' when  the time at which descrepancies arises  at that time copany is required to charge its loss in p&l a/c in the year 2009 it self and in 2010 when cmpany receives it back then it should br credited in p&l a/c........................

nilesh nandankar(c.a final student)

 here i have read your question and after reading it a find that as per as 11 "accounting for foreign exchange transaction '' when  the time at which descrepancies arises  at that time copany is required to charge its loss in p&l a/c in the year 2009 it self and in 2010 when cmpany receives it back then it should br credited in p&l a/c........................

nilesh nandankar(c.a final student)

I think it is a capital receipt because at the time when u received money u must have recorded at 50rs per euro but say actual rate was 52rs per euro.

 So u must have credited that parent co's a/c with 50rs.

and now as u have received more 2rs. u must credit it to parent co's a/c.

As eventually it will hit  ur p&l via exchange rate fluctuation a/c.