exports proceeds utilization
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In many cases, the proceeds from such transactions may not be capitalized directly. Instead, they are typically recognized as revenue in the company's financial statements that's not my neighbor
In general, when a company exports plant and machinery to its overseas JV or WOS, the accounting treatment would typically involve recognizing the proceeds from the sale as revenue in the company's financial statements. However, the company may also capitalize certain costs associated with the export, such as transportation or That's Not My Neighbor installation expenses, if they meet the criteria for capitalization under applicable accounting standards (such as International Financial Reporting Standards - IFRS or Generally Accepted Accounting Principles - GAAP).
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Hello Everyone!
Whether the concept of Alternate Director also applicable in case of Foreign Director as he is already residing outside India ?
director alternate concept applicability
Hi Folks!
In case of appointment of Alternate Director, whether the Master Data of the Company reflects the Original Director too ?
director alternate appointment
Hi Everyone!
In what circumstances, special notice is required for the appointment of person other than the retiring auditor ?
Hi Everyone!
What is the offer period of private placement offer cum application letter in case shares are issued on private placement basis ?
Hi Everyone!
Is it possible to file the Unaudited Financial Statements of a Company, if yes, whether there is any option to file the Audited Financial Statements after filing of Unaudited Financials ?
company statements financials unaudited filing
Hi Everyone!
If an individual does not hold majority stake in the member company of the reporting company, whether filing of BEN-2 is applicable or not?
company reporting respect applicability
Hi Everyone!
Are there any restrictions or limitations on the number of foreign directors in an Indian Company ?
directors foreign number limitations
Hi Folks!
Whether, any assets or liabilities for Indian party (i.e. domestic assets and liabilities) are to be included in the FLA return?
return included liabilities assets 
Dear Juhee
Yes, capitalization of export proceeds is permitted subject to compliance of certain guidelines. i.e. the exports have not remained outstanding beyond the stipulated period of realisation etc.
ThankYou!!