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
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
