Thursday, August 22, 2019

Gains or loss on account of Forex fluctuations in terms of AS-11 to be accounted for while computing taxable income

INCOME TAX: In terms of AS-11, both gains or loss on account of exchange rate fluctuations on reporting date are to be accounted for while computing income chargeable to tax

from www.taxmann.com Latest Case Laws https://ift.tt/2Hk1iT0
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