If a capital asset is purchased from local dealer where in the bill the grant is provided,is it better to show as Reserve and amortise everyyear based on depreciation method and credit to p&l a/c or reduce from Fixed asset of such amount?for AS12,INDAS,ICDS
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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V.K. Ranjan & Co(Chartered Accountants)
New Delhi
B.Com
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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CAclubindia
