Dear All, Good Evening

Pls clarify in the follwoing matter:

We have transfered the $ 0.5 Million Technology worth to a foreign company
on 1 August 2008, in return the foreign company has alloted the shares
against our technology transfer on 1 Sept 2008.
Now my question is... is there any gain/loss to be recognized as AS-11 since
they have allotted the shares after 1 month i.e., 1 Sept 2008.

Pls clarify ASAP

Thanks in Advances

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