AMORTISAYION OF CAPITAL GRANT
This query is : Resolved
16 March 2011
PLZ EXPLAINING TREATMENT OF AMORTISATION OF CAPITAL GRANd??????????
16 March 2011
Mometary govt. grants may be treat as 'Deferred Income' and amortize in useful life of fixed assets in the ratio of depreciation.
17 March 2011
hi sir..can u tel me any examble abt trtment of amortisation of capital grant?
17 March 2011
if capital grant received = rs.200000/-
company decide - grant reconise as 'deffered income' .
if fixed assets life is 4 years and SLM method of depreciation may be uced.
capital grand should be reconise every year 200000/4 = rs.50000/- creatied to p&l a/c.
company decide - grant reconise as 'deffered income' .
if fixed assets life is 4 years and SLM method of depreciation may be uced.
capital grand should be reconise every year 200000/4 = rs.50000/- creatied to p&l a/c.
17 March 2011
Thanks a lot sir
17 March 2011
FOR GETTING MORE INFO:-
https://www.caclubindia.com/experts/amortization--487085.asp
https://www.caclubindia.com/experts/amortization--487085.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- GST Rate for Catering Services
- RATE AND HSN CODE
- ITR 4 and Bank transactions
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
