banner_ad

As10

Others 474 views 9 replies
User Avatar

free lance
136 Points Posted on 16 September 2015
dear experts. I paid USD 1lakh dollar for import of fixed assets on a particular date assume the ex.rate 65. and I recd the material on some other day and the ex.rate 64. and I paid inr 200000 for clearing charges. what is the amount to be capitalized refer with AS10 para. regards tonyja
0 Reply Share Follow
On 16 September 2015 at 16:58 Report
Replies (9)
User Avatar

Asst Mgr-Taxation
6918 Points Posted on 16 September 2015

capitalise 1 lac dollar @ R65/usd +clearing charges 200000

 

Reply
On 16 September 2015 at 17:37
User Avatar

article
107 Points Posted on 16 September 2015
Amount to be capitalized is Rs.67,00,000
Reply
On 16 September 2015 at 20:27
User Avatar

Student CA IPC / IPCC
37 Points Posted on 16 September 2015
Yaa I agree with sir Amount Capitalise is6700000
Reply
On 16 September 2015 at 23:00
User Avatar

student
48 Points Posted on 17 September 2015
Iam also agree with above answers
Reply
On 17 September 2015 at 08:15
User Avatar

ICMA Final Student
147 Points Posted on 17 September 2015
And the difference to be taken as difference inexchange rate rit??
Reply
On 17 September 2015 at 09:25
User Avatar

partner
77 Points Posted on 17 September 2015
Iagree with ca Vksreejesh Ca pvvittal
Reply
On 17 September 2015 at 15:18
User Avatar

Chartered Accountant
47 Points Posted on 17 September 2015
No exchange difference to be accounted
Reply
On 17 September 2015 at 16:37
User Avatar

Analyst
252 Points Posted on 18 September 2015
Yes no exchange difference to be accounted.
Reply
On 18 September 2015 at 08:00
User Avatar

free lance
136 Points Posted on 18 September 2015
Thank you everyone for valuable input
Reply
On 18 September 2015 at 23:54


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Latest Job Openings

View all
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details