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Investment subsidy


The Company received a one time payment from Government   under Investment Subsidy for  establishing Capital assets at backward area.  what would be treatment of one time amount received from government.

asked Jun 28 in IAS 20 - Accounting for Government Grants by Durgesh

1 Answer

0 votes
A grant relating to assets may be presented in one of two ways:
· As deferred income (and released to profit or loss when related expenditure impacts profit or loss)
· By deducting the grant from the asset’s carrying amount.
answered Jun 28 by Sithie


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