ACCOUNTING TREATMENT FOR DIFFERENCE IN FOREIGN EXCHANGE RATES

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..... ACCOUNTING TREATMENT FOR DIFFERENCE IN FOREIGN EXCHANGE RATES
Query (Issue) Started By: - S.C. WADHWA Dated:- 14-9-2014 Last Reply Date:- 14-9-2014 Accounting - Auditing
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Compan .....

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..... ies Law
A company imported machinery in month of Jan'14 from Sinagpore and installed and put to use before 31/03/14 but payment for same was made in May'14. Please advice how foreign excha .....

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..... nge 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 matter. Regards YAGAY and SUN (Management and Indirect Tax Consu .....

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..... ltants) Reply By Pradeep Khatri: The Reply: Dear S.C.Wadhwa, Link to AS-11 for your ready reference. http://www.mca.gov.in/Ministry/notification/pdf/AS_11.pdf Regards YAGAY and SUN (Management .....

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..... and Indirect Tax Consultants)
Discussion Forum - Knowledge Sharing .....

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