Fluctuation Loss or Gain are booked in the Profit or Loss Account, is it is possible to book as capitalized? answer with Company's act as well as IAS?

Loss or gain can never be capitalized as it only hits SOCI commonly known as profit and loss statement. There is no specific IAS for fluctuation loss or gain however the accounting treatment is the same as receiving rental income or royalty income or paying up for losses incurred on disposal of asset or investment.