Query
This query is : Resolved
13 August 2013
Hello.. wat is the meaning of capital grant??? N amortization of cap grant??,,
13 August 2013
it means grants which are to be used for purcahing capital assets lik plant manchinery etc or for expansion.
Amortisation means u need to credit p n l income for appropriate number of years as income of that year if grants are not capitalised.
Amortisation means u need to credit p n l income for appropriate number of years as income of that year if grants are not capitalised.
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