Net Worth Caculation

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RAJEEV KUMAR MEHTA (Querist)
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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?

Request Response!

Thanks & Regards

R.K.Mehta

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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12 November 2022 Networth is calculated by adding share capital with reserves and surplus.

RAJEEV KUMAR MEHTA

RAJEEV KUMAR MEHTA (Querist)
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12 November 2022 Thank You! However would appreciate if you could elaborate with reference to AOC 1.

praveen

praveen (Expert)
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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)
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12 November 2022 Specifically SL. No. 4 of Part B of the form.

RAJEEV KUMAR MEHTA

RAJEEV KUMAR MEHTA (Querist)
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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)
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12 November 2022 SL. NO. 4 be read as SL. no. 5 in the above query. Regret the error and inconvenience caused.