How will u treat the following item in a CFS:
Receipt of Grant for capital projects 12,00,000
Amortization of Capital Grant 6,00,000
This question came in CA papers in 2001 & also appears in the module but I could not understand the logic behind the treatment. Thanks in advance.
Menu
Cash Flow Statement
Replies (2)
Receipt of capital grant will come under the head of Cash from Financing activities n Amortisation will be less under cash frm extraordinary activities under the head of cash frm operating activities.
Thanks! but why do we subtract the amortisation
Recent Topic
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
Related Topics
CAclubindia
