Government grant received for capital expenditure be treated as part of profit for CSR Expenditure
This query is : Resolved
26 December 2023
When calculating CSR expenditure under Section 198, should the government grant received for capital expenditure be treated as part of the profit? If so, is it the entire amount received during the year, or should it be based on the amortization amount reflected in the statement of profit and loss for the year?
26 December 2023
It should be based on the amortization amount reflected in the statement of profit and loss for the year.
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