Cross holding consolidation
This query is : Resolved
27 January 2018
Sir There are 4 Companies
A,B,C,D
A Holds 45%in B,54% in C
B Holds 35% in C.
C Holds 26% in B.
Plz Suggest in Which Comapny and in what ways i made the considation.
A,B,C,D
A Holds 45%in B,54% in C
B Holds 35% in C.
C Holds 26% in B.
Plz Suggest in Which Comapny and in what ways i made the considation.
29 January 2018
As per AS -21, Consolidated financial statement, it is applicable between parent company and subsidiary company. Since B holds 54% in C. The Consolidated financial statement of B & C has to be prepared.
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Dep. as per companies act
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- CHECK RELATED
- UDIN ISSUE
- Change Of Karta In Case of Death
- Non filing of I T Returns
- 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
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
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
