Fluctuation gain or loss on fixed assets purchase as per as

U.Rakesh kumar (audit incharge) (36 Points)

23 December 2011

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

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4 Replies

ashish gupta ( student) (1922 Points)
Replied 23 December 2011

To P&L A/c only.

SHASHI KUMAR CG (CA Final - Waiting for results) (40 Points)
Replied 23 December 2011

Charge it to P&L A/c

muthulakshmi (ca student ) (113 Points)
Replied 23 December 2011

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

CA Kiran Sutrave (CA) (428 Points)
Replied 24 December 2011

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

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