Gift in net owned funds
This query is : Resolved
16 July 2013
Is gift received by Parent Company to be included in Net Owned Funds?
CMA Ramesh Krishnan
(Expert)
17 July 2013
While consolidation, it will be eliminated as one side paid and one side receipt.
18 July 2013
thanq ramesh.
just 1 more query, what if we want to find Net Owned funds of subsidiary?
Will it be included then?
just 1 more query, what if we want to find Net Owned funds of subsidiary?
Will it be included then?
CMA Ramesh Krishnan
(Expert)
18 July 2013
Yes. As seeing standalone funds of subsidiary it will be included in net own funds
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