Amendment of AS 11

CA Hiral (Querist) 24 April 2009 This query is : Resolved
can any one say what will be the effect of depreciation on capitalisation of exchange rate difference? and how to calculate balance life of the asset to amortise ex.rate difference adjusted to asset as impact of amendment?
I interpret that balance life of the asset should be calculated from day amendmnet comes into effect and not from the day exchange rate diff.provided to P&L.am i right in my interpretation?
tell me as early as possible as possible

Thanks

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