Forex hedge accounting treatment india quarterly


It requires that an entity recognize all derivatives as either assets or liabilities in the statement of financial position and measure those treatmenf at fair value. But then, it hits you. What about taxes. The forex tax code can be confusing at first. By default, all forex contracts are subject to the ordinary gain or loss treatment. The date up to which the Master Circular has been updated is suitably indicated.3. This Master Circular may be referred to for general guidance.

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Forex hedge accounting treatment india quarterly

Forex hedge accounting treatment india quarterly