banner_ad

Depreciation after government subsidies

381 views 4 replies
Hii good morning

If I buy machine for 10,000,00/-

From Government I have received subsidy RS. 2,00,000/-

Now I have to Book depression

At what amount I have to calculate depreciation on 8,00,000 or on 10,00,000/-
Replies (4)
Depriciation after subsidy is eligible for allowable expenditure
What is status, Company, Firm , LLP , or any other ? please clarify.
Tell me both for proprietary and pvt Ltd
For Sole proprietorship you have to refer AS 12 (Accounting for Govt grants) & For Company you have to refer IND AS 20 ( Government grants & disclosure) .


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details