Government grant not repayable

Suresh Ram Shravan (2 Points)

21 June 2025  

Our company A has received the government grant for 1 crore which is not repayable and the purpose of this grant is to invest in equity of a company B which is in joint venture with company C in the ratio of 50:50. My question to experts is, a) how will I disclose this government grant in balance sheet and 2) how will I disclose the investment,  in the books of company A?