accounts
This query is : Resolved
Sapna Gupta
(Querist)
01 April 2009
what is the treatment of profit earned by amalgamating co b/w the date of agreement and date of actual amlagamation take olace.plz explain in detail. as what will be the treatment of profit earned by RPL before $ march for RIL.
CA. B.SRINIVASULU
(Expert)
01 April 2009
Date of Agreement is the cut off date for consoldiation.
On the actual amalagmation date entries are consolidate with retrospective effect that is agreeement date.
Date of Agreement is the cut off date for consoldiation.
On the actual amalagmation date entries are consolidate with retrospective effect that is agreeement date.
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