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But in book it’s written that it do not effect OCI…
Thankyou so much
Thanks for providing this Information
Sir I have one understanding about it that it is the one in which we follow deferred income concept in which we recognised income when we have satisfied conditions but for cashflow it is non cash item because we had recognised govt. Grant cash when it was received..
Thanks for Answer…
One more thing…
There is a note in my Book that
Exchange gain/losses :
“Recorded in SPL unless movement in FV recorded in equity,in which case the exchange gain/loss is also taken to equity….”
When we take this to equity and why?
Kindly explain para…
