Section 7 in The Competition Commission Of India (Form Of Annual Statement Of Accounts) Rules, 2009
7. Government Grants/subsidies - 7.1 Government grants of the nature of contribution towards capital cost of setting up projects are treated as Capital Reserve.
7.2Grants in respect of specific fixed assets acquired are shown as a deduction from the cost of the related assets.7.3Government grants/subsidy are accounted on realization basis.
