The corporate India would have to take their forex losses, if any, on short term foreign currency
loans to their profit and loss account every quarter/ year. The centre has turned down industry
request to extend an accounting relief granted to a long term debt to short term debt as well.
loans to their profit and loss account every quarter/ year. The centre has turned down industry
request to extend an accounting relief granted to a long term debt to short term debt as well.
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