As-18

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 June 2012 Plz clarify as per AS-18

A is ultimate holding company
B is 100% subsidiary of A.
C & D is also(100%)each subsidiay of B.
C holds 80% in E.&
D holds 17% in E.
My question is as the point of view of E----What is the relationship / classification of D & B .

A
|---100%
B---( B holds 100% each in C & D)
| |
C D--(C holds 80% in E & D holds 17% In E)
| |
E

Plz clarify point of view of E-----
----What relation is called D.
----What relation is called B.
Thanks

01 June 2012 Whether dividend received by member of co operative bank from co operative bank is exempted from income tax?

01 June 2012 B is Intermediate Holding Company
D is not a Related Party under AS 18 based on the current holding. D is just an inventor.

01 June 2012 Sorry, ignore my earlier reply. I missed holding company of D.

B is Intermediate Holding Company
D is fellow subsidiary since it is a subsidiary of E's ultimate holdingCompany.
This will be true even is D does not hold any % in E.

03 June 2012 B :- Holding Co.
D :- Co-Subsidiary co.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details