Fluctuation gain or loss on fixed assets purchase as per as

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Fluctuation gain or loss  on fixed assets purchased  as per AS 11

 

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To P&L A/c only.

Charge it to P&L A/c

First it was allowed to capitalized but now as per revised as - 11 shld charge it to p&l..

Charge the exchange fluctuation gain or loss to Profit and Loss Account


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