About subsidy

RAJESH C.JARIWALA (SELF) (79 Points)

21 July 2018  

Dear Sir/Mam,
My Client have received subsidy against machinery loan in F.Y. 2017/18. In that 25,000/- interest subsidy and 1,25,000/- capital subsidy .Then ,which type of effects done in accounts book? and how can I show that in ITR.Are they effect in profit of books? Please advice me.and Thanks in advance for advice.