Net Worth Caculation

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This discussion clarifies how to calculate net worth attributable to shareholdings in associates and joint ventures for Form AOC 1, specifically referencing Part B. The method involves calculating the net worth of the subsidiary, associate, or JV and then multiplying it by the percentage of shares owned by the company. The conversation also corrects a reference to a specific line item in the form.

RAJEEV KUMAR MEHTA

RAJEEV KUMAR MEHTA (Querist)

11 November 2022 How to calculate net worth attributable to shareholding as given in Part B, Associates and Joint Venture in Form No. AOC 1?

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Thanks & Regards

R.K.Mehta

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

12 November 2022 Networth is calculated by adding share capital with reserves and surplus.

RAJEEV KUMAR MEHTA

RAJEEV KUMAR MEHTA (Querist)

12 November 2022 Thank You! However would appreciate if you could elaborate with reference to AOC 1.

praveen

praveen (Expert)

12 November 2022 You need to compute the Networth of the Subsidiary, associate or JV and then multiply it with the % of shares owned by the Company for the purpose of AOC 1

RAJEEV KUMAR MEHTA

RAJEEV KUMAR MEHTA (Querist)

12 November 2022 Specifically SL. No. 4 of Part B of the form.

RAJEEV KUMAR MEHTA

RAJEEV KUMAR MEHTA (Querist)

12 November 2022 Thank You CA Praveen. Please clarify further with reference to SL. no. 4 of the form.

RAJEEV KUMAR MEHTA

RAJEEV KUMAR MEHTA (Querist)

12 November 2022 SL. NO. 4 be read as SL. no. 5 in the above query. Regret the error and inconvenience caused.