Subsidy income of earlier year reversed due to non receipt

CA Kanhaiyalal B Salawat (CA) (26 Points)

08 October 2016  

For the year 2012-13 to 2015-16 TUF interest subsidy accounted, but not received till date.

due to non receipt receivable subsidy reversed during the current year & claim as deduction against current year income ???

Kindly advice on the same.

Thanks in advance