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Consolidation

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(Querist)
27 April 2016 One co. are subsidiary of another co. for starting point (formation of co.) and after some year it is mandatory to consolidation of financial statement. Can goodwill will be generate
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Sandeep Garg

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Sandeep Garg (Expert)
27 April 2016 If a company floats another company and have controlling stake, generally goodwill do not arise.

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