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tax free subsidy


MOHAMMED IMRAN   25 July 2018

MOHAMMED IMRAN

 116 likes  1010 points

| My Other Post

govt. allowed tax free subsidy rs25lakhs on capital investment whether it is excluded or not for computing depreciation form asset

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Aditi Kaur (Practising CA)    1 September 2020

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Kavita Modi (CA Job)     25 July 2018

Kavita Modi
CA Job 
 18 likes  232 points

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it should be excluded from the value of fixed asset while calculating depreciation on fixed asset

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RAJA P M ("Do the Right Thing...!!!")     25 July 2018

RAJA P M
"Do the Right Thing...!!!" 
 8405 likes  114779 points

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As per my view.,

No... The Subsidy will reversed in the asset head. And Balance value will be c/f to next FY.


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