What is the meaning of Amortization of Capital Grants? What is its treatment?
Faiz Ahmed ( Article Trainee) (1731 Points)
18 September 2010What is the meaning of Amortization of Capital Grants? What is its treatment?
Faiz Ahmed
( Article Trainee)
(1731 Points)
Replied 19 September 2010
In my understanding, its decrease of capital grant sanctioned by Govt./Any other authority. It is received in part payment on fulfillment of some criteria.
I would like to know from other members also. What is its treatment? Where is it shown and how? What will be its effect on Cash Flow Statements??
CAclubindia
