ACCOUNTING FOR DIFFERENCE IN FOREIGN EXCHANGE RATES

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... A Company had given advance of USD 5000 towards purchase of machinery from China. Advance is given dt. 12/02/14. Remaining payment of USD 15000 is made on 15/04/14 and machinery is imported dt. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 14/05/14. Please advice how foreign exchange difference will be dealt with as on 31/03/14. - Reply By Pradeep Khatri - The Reply = Dear S.C. Wadhwa, Please check AS - 11 in this regard. Regard .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s, YAGAY and SUN (Management and Indirect Tax Consultants) - ACCOUNTING FOR DIFFERENCE IN FOREIGN EXCHANGE RATES - Query Started By: - S.C. WADHWA Dated:- 14-9-2014 Accounting - Auditing - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... I - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X