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as 12

Accountancy

sir in refund of grants under deferred gov grant we need to depreciate the asset normally and in proportion to that we charge the deferred gov grant so if we are treating it as normal depreciation we would also deduct the residual value right sir but in this video we didnt why sir cuz we did the same question but in this case rather than cost reduction thats the only different so the residual value is there right sir which is 4l Video Details ------------- P1 - Accounting Standards - CA Inter AS 12 #7. Q&A - Part 1


N.V Karthikeyan

N.V Karthikeyan

CA Inter

1K+

23-Jan-25 18:56

321

Answers (4)

Residual value is deducted. Can you share the timestamp where it is not deducted.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

24-Jan-25 17:40

sorry sir i didnt seen it properly i thought residual value is 4 l but its 8 l and they deducted in that video.


Thread Starter

N.V Karthikeyan

N.V Karthikeyan

CA Inter

1K+

26-Jan-25 18:31

CA Suraj Lakhotia Admin

Is your doubt clarified now?

yes sir thank you sir.


Thread Starter

N.V Karthikeyan

N.V Karthikeyan

CA Inter

1K+

27-Jan-25 23:48

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