Booking of capital subsidy

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..... Dear Members, We have received capital subsidy from government towards fulfilment of investment as per MOU. My question is whether this subsidy is booking under other income or capital reserve? Loo .....

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..... king for your reply at the earliest. Best regards Panchatcharam V - Reply By CS SANJAY MALHOTRA - The Reply = Same is to be accounted as CAPITAL RECEIPT and to be shown in Capital Reserve. Had th .....

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..... e same been of Revenue Nature such as Sales Tax Subsidy ..........it would have been accounted as Revenue receipt. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I agree with the views of CS Sanjay .....

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..... Malhotra. - Booking of capital subsidy - Query Started By: - Velayutham Panchatcharam Dated:- 21-2-2016 Accounting - Auditing - Got 2 Replies - Companies Law - Discussion Forum - Knowledge Sharing .....

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..... , reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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