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Discount received on Fixed Assets purchased

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(Querist)
20 May 2022 what treatment should be made in books of Accounts when discount received on fixed assets purchased.
discount received should transfer to P/L Account
or
Discount should be reduced from Fixed Assets.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 May 2022 Discount should be reduced from Fixed Assets

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