55,360\n14. He also drew our attention to PB Page No.14, pointing out to the\nld.Pr.CIT that Instruction NO.3 of 2010 did not apply to the impugned\ntransaction, and that loss had been booked in accordance with AS-\n11, as under:\nc) Since this particular loss is pertained to revenue transaction relating to import of\ngoods, the Instruction