- Year of Publication: 2022
- ISBN: 0
Episode Duration:
45 minutes
Episode Background:
To incentivize and promote production, growth and capital investment, the Indian government introduced ‘Production Linked Incentive (PLI)’ schemes for various industries. The two most important conditions relate to cumulative investment and incremental sales (over the base year).
This has led to accounting confusion, namely,
(i) Whether the PLI grant is a capital (fixed asset) related grant or a revenue-related grant?
(ii) Additionally, the conditions related to cumulative investment and incremental sales are tested on an annual basis. How is the grant to be recognized each quarter?
What shall the episode cover?
With an endeavor to add continuous value to our readers and power your accounting practice, India's first Accounting & Ind-AS Platform “Greentick” (https://
In this course, Mr. D’Souza and Mr. Kumar have addressed the aforesaid questions and also provided their expert views on the relevant subject.
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
Similar Books
Ratings and Reviews
Overall Rating
- Year of Publication: 2022
- ISBN: 0
Episode Duration:
45 minutes
Episode Background:
To incentivize and promote production, growth and capital investment, the Indian government introduced ‘Production Linked Incentive (PLI)’ schemes for various industries. The two most important conditions relate to cumulative investment and incremental sales (over the base year).
This has led to accounting confusion, namely,
(i) Whether the PLI grant is a capital (fixed asset) related grant or a revenue-related grant?
(ii) Additionally, the conditions related to cumulative investment and incremental sales are tested on an annual basis. How is the grant to be recognized each quarter?
What shall the episode cover?
With an endeavor to add continuous value to our readers and power your accounting practice, India's first Accounting & Ind-AS Platform “Greentick” (https://
In this course, Mr. D’Souza and Mr. Kumar have addressed the aforesaid questions and also provided their expert views on the relevant subject.
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
