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
- CAPITAL GAIN BASE ON NOTIFICATION
- Difference between Date of Payment and Date of Deduction?
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST not cancelled by tenant
- Filling ITR - U
- TDS ON EMAIL DOMAIN SERVICE BILL
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- FORM 141 SDV query
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
