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EXPENSE ON TAKING SUBISY FROM GOVT

This query is : Resolved 
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(Querist)
16 July 2011 OUR CLIENT HAS INCURRED EXPENSES (EG. CONSULTANCY FROM THE EXPERTS) TO GET SUBSIDY FROM THE GOVERNMENT IN RELATION TO POWER PROJECT. WHAT WILL B TREATMENT OF THE EXPENSE I.E WHETHER TO REDUCE THE EXPENSE INCURRED FROM THE SUBSIDY RECEIVED FROM THE GOVERNMENT OR TO TREAT AS REVENUE EXPENSE OR TO CAPITALISE THE EXPENSE TO THE CAPITAL ASSET.

THANKS IN ADVANCE
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U S Sharma

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U S Sharma (Expert)
16 July 2011 revenue expenditure
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CA SUMIT SAPRA

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CA SUMIT SAPRA (Querist)
17 July 2011 thanksbut is any thing about it mentioned in AS or supporting like that
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