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amalgamation

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(Querist)
16 December 2009 can goodwill arise in the case of merger??
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shakuntala chhangani

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shakuntala chhangani (Expert)
17 December 2009 No. As per AS 14, the difference between the share capital cancelled and new share capital issued is adjusted in revenue reserves. Regards, CA Shakuntala Chhangani
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Aravind..

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Aravind.. (Querist)
17 December 2009 thank u




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