Accounting treatment for sweat equity non cash consideration: capitalise depreciable or amortizable assets, expense other non cash consideration. Where sweat equity shares are issued for non cash consideration, a depreciable or amortizable asset must be carried on the balance sheet in accordance with relevant accounting standards; if not, the non cash consideration must be expensed as provided in the relevant accounting standards.
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Provisions expressly mentioned in the judgment/order text.
Accounting treatment for sweat equity non cash consideration: capitalise depreciable or amortizable assets, expense other non cash consideration.
Where sweat equity shares are issued for non cash consideration, a depreciable or amortizable asset must be carried on the balance sheet in accordance with relevant accounting standards; if not, the non cash consideration must be expensed as provided in the relevant accounting standards.
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