Amalgamation

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2017 we have to find purchase consideration and by comparing it with net assets we have to ascertain Goodwill/capital reserve.but what if the goodwill is already given in the balance sheet of transferor company.what will be the treatment of goodwill while calculating net assets

31 July 2017 Goodwill is ignored....

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2017 Means we doesn't have to add it in the assets


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