amalgamation
This query is : Resolved
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
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.
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
(Expert)
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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- Capitalgain tax purposes for valuation report compulsory
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
