Financial Assistance from Govt.Fund


This query is : Resolved 

21 February 2008 Financial Assistance in the form of cash
(non -returnable) + agency service from a government fund to a private company for
office automation ( software installation).

We can account this cash as miscellaneous income in P& L A/c.

How we will account this income in other ways?

How it will b/f in the next fiscal year ?

( Not from Indian Govt. but from a middle east country ministry)


21 February 2008 Please let us know the scheme under which this offered.

21 February 2008 (Not from Indian Govt. but from a middle east country ministry)



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