Unrealized foreign exchange difference under i. tax?

Om Prakash (CA) (16 Points)

02 October 2018  

Hello Everyone,

 

Please let me know the treatment of unrealised Foreign exchange fluctuation  in tax.

As per 43A we can add/ less the concerned fluctuation to the capital asset. But what about the realised gain/loss?

can we dedudt the loss from profit while computing taxable profit.?

 

Thanks in advance..