IAS 12, 20 accounting of Grant in aid

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....AS 12, 20 accounting of Grant in aid<br> Query (Issue) Started By: - Jayanta Bandyopadhyay Dated:- 22-8-2025 Accounting - Auditing<br>Companies Law<br>We have commissioned a new tea manufacturing plan....

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....t in Assam and under CEFPPC & APC Projects, Central Govt will contribute a grant in aid of Rs. 5 Crores. Grant is not related to a specific fixed asset but to an overall kitty. How to account for thi....

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....s conditional Grant-in-aid, as in case of breach of any condition, Govt will take back this grant. Reduction of assets value by the grant -in-aid amount may disrupt true value of assets and consequen....

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....tial depreciation&nbsp;and Tax Audit etc. Capital Reserve - is it lawfully ok as per AS 12, 20? Showing as deferred income over a period -may distort true business performance. Kindly advise how to....

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.... proceed with. Thanks and regards, J Bandyopadhyay<br> Discussion Forum - Knowledge Sharing ....