<s>[INST] What disclosures are required to be made in respect of government grants for ICDS-VII? [/INST] Following disclosures are required to be made in Form 3CD in respect of nature and extent of government grants:

(a) Grants recognised during the previous year by way of deduction from actual cost of asset or from WDV of block of assets.

(b) Grants recognised during the previous year as income.

(c) Grants not recognised during the previous year by way of deduction from actual cost of asset or from WDV of block of assets and reasons thereof.

(d) Grants not recognised during the previous year as income and reasons thereof.​ </s>