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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2013 if an asset is acquired using government grants then how the depreciation is provided in balance sheet and p&L a/c
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
28 August 2013 incase you are treating Govt grant as capital grant, the depreciation amount need to be adjusted with the grant
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
28 August 2013 incase you are treating Govt grant as capital grant, the depreciation amount need to be adjusted with the grant
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