HOLDING COMPANY ACCOUNTS IN FINAL CA
This query is : Resolved
02 January 2011
In Final CA there is a subject of Accounts.
In accounts there is a topic Holding Compnay.Which Text book or study material has expalined this in simple language.
Please let me know the name of the Author or relevant way to master this topic.
In accounts there is a topic Holding Compnay.Which Text book or study material has expalined this in simple language.
Please let me know the name of the Author or relevant way to master this topic.
02 January 2011
First of all understand the concept about the Holding Company.
Suppose one HUF is there.
Just imagine the Grandfather is running his business at Surat.
He has two sons who are settled at Valsad and Mumbai.
Now one Grandson has been permitted to settle at Dubai.
At the end the year; they will put all the accounts at one place i.e. Surat and will know how much belong to them jointly.
Whatever amounts are outstanding in between them; would be strike off and similarly the capital would be adjusted as if this is one and same.
First of all; refer theory of study materials and solve the examples at your own.
Also solve suggested answer published by the Institute.
Suppose one HUF is there.
Just imagine the Grandfather is running his business at Surat.
He has two sons who are settled at Valsad and Mumbai.
Now one Grandson has been permitted to settle at Dubai.
At the end the year; they will put all the accounts at one place i.e. Surat and will know how much belong to them jointly.
Whatever amounts are outstanding in between them; would be strike off and similarly the capital would be adjusted as if this is one and same.
First of all; refer theory of study materials and solve the examples at your own.
Also solve suggested answer published by the Institute.
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
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- GSTR9 Annual Return
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Ito add credit side of bank
- Rectification under processing even after 6 months cpc portal
- Capital gain on commercial property and investment in residential property
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Form 144 TDS Return Validation error
- Closer of business and itc of capital goods
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
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
