https://www.taxtmi.com/acts?id=18572 Regulation 16A permits limited write-off of capital and other receivables by Indian parties controlling overseas JVs or WOS, subject to submission to the designated AD Category I bank of a certified balance sheet showing JV/WOS loss and five year projections of benefits; the write off must be reported to the Reserve Bank through the designated AD Category I bank within thirty days; unlisted parties may seek similar relief under the Approval Route. en-us Sun, 13 Apr 2014 14:44:29 +0530 Fri, 20 Jun 2025 11:05:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18572 Regulation 16A permits limited write-off of capital and other receivables by Indian parties controlling overseas JVs or WOS, subject to submission to the designated AD Category I bank of a certified balance sheet showing JV/WOS loss and five year projections of benefits; the write off must be reported to the Reserve Bank through the designated AD Category I bank within thirty days; unlisted parties may seek similar relief under the Approval Route. Act-Rules FEMA Sun, 13 Apr 2014 14:44:29 +0530 https://www.taxtmi.com/acts?id=18572