16 April 2014
Sub: how to treat government grant received for depreciable asset
A machinery capitalized @ 1,20,000/- on 1 Jan 2012. and im following SLM method @ 16.70%.... In sep 2013 i have recd. grant of 50,000/- now how i have to treat in my books. what is the effect in my p&l a/c.
CAclubindia
