TaxTMI 
TaxTMI 
Booking of capital subsidy
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....ooking of capital subsidy<br> Query (Issue) Started By: - Velayutham Panchatcharam Dated:- 21-2-2016 Last Reply Date:- 22-2-2016 Accounting - Auditing<br>Got 2 Replies<br>Companies Law<br>Dear Members....
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...., 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? Looking for your....
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.... 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 the same been of Re....
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....venue 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 Malhotra.<br> Discus....
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