amalgamation

This query is : Resolved

praveen (Querist)
Follow

18 September 2007 hello friends, i have a problem in finding out whether the consideration is in net payment method or net asset method because in net payment method you cannot take assets and liabilities. I am in great confusion please help me

KAAPIL

KAAPIL (Expert)
Follow

31 October 2007 Dear Praveen,

First understand that when you takeover assets and liabilities ans are going to discharge PC then it is Net Assets. In case of Net Payments Method there is no question of computing PC by assets and liabilities but it is by payments in form of shares and cash. Read the draft of the problem and mode of discharge. Contact again if further confusion prevails. Good Luck.

Ravikumar.G

Ravikumar.G (Expert)
Follow

09 November 2007 If there is any revaluation in fixed assets and fair market value consideration it is net asset other wise it is net payment

KAAPIL

KAAPIL (Expert)
Follow

10 November 2007 Thanks.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.K.RAMAKRISHNA. PRABHU

CA Aakarsh Jain

Venkateshwaran Ekambaram

Credible HRM

Jayanti Visani

Subscribe Now

amalgamation

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA