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Deductions & credits
@ac203 , thank you for explaining the situation -- I understand your predicament. Need to think through this a little i.e. how to recognize the losses incurred without running afoul of the rules.
In the meantime, it would help to have an idea of the numbers we are talking about --- total Dollars sent out; exchange rate at the time ; Rs. invested total ; rough range of exchange or give me the dates and we can create a blended rate ; loss on stocks ; rough exchnage rate on the way back ; how much did you leave there for future investment etc.
If you are uncomfortable leaving figures here , you can use PM
will come back by tomorrow sometime ( PDT ).
‎April 29, 2020
1:16 PM
4,155 Views