Since section 43A is applicable for a foreign currency liability in respect of an asset acquired from a country outside India, then how the exchange difference is recognised in case of a foreign currency liability for purchase of an asset in India.

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....cy liability for purchase of an asset in India.<br>ICDS VI : Effects of Changes in Foreign Exchange Rates Income computation and disclosure standards<br>Income Tax<br>Manuals<br>Dated:- 30-8-2017<br>M....