Treatment of supercoins

I guess, under discount head. Revenue recognition standard deals with it. Super coins are a credit in the income statement, (discount received). 

Sry, took a break. Now, This is sort of unrealised gain like revaluation, so, we can put it into OCI which can be reclassified into profit or loss

eg. Purchased goods 100₹, redeemed points 50₹ (you can redeem them on your next purchase)

initially,

Purchases a/c 100

To Bank a/c 100

To SPLOCI-OCI a/c 50- unrealised gain

when you make a next purchase worth 100₹

SPLOCI-OCI 50₹

To Discount received a/c 50₹- this is reclassified to profit and loss from OCI. Incase If you don’t redeem them, debit expired unrealised gains.

Besides OCI suits this transaction because it doesn’t impact the profits and no need to carry it to SOCIE. This standard doesn’t mention the need to do that. OCI PROFITS, are just for information and this does work out. This is also used for items which will be derecognised or settled in the future.