Subsidery Company
This query is : Resolved
27 March 2009
Hi All,
Just want to clear my doubts from all of you regarding subsidary company.
1. Can main company adjust their profit with subsidery.
2. If main company gives their building to subsidery for running of business so can main company charge rent from them.
Regards
Deepak
Just want to clear my doubts from all of you regarding subsidary company.
1. Can main company adjust their profit with subsidery.
2. If main company gives their building to subsidery for running of business so can main company charge rent from them.
Regards
Deepak
27 March 2009
Holding company and subsidiary company are two different entities under law.
They cannot adjust the profits as per their whims and fancies.
Rent can be charged by the holding company to subsidiary company at market rate or reasonable rent.
Holding company and subsidiary company are two different entities under law.
They cannot adjust the profits as per their whims and fancies.
Rent can be charged by the holding company to subsidiary company at market rate or reasonable rent.
27 March 2009
Thanks, My points is
Charging of rent is compulsory or choice of parent company.
another thing is that is it possible in any case to adjust subsidiary lossess with parent company i.e by making 100% holding subsidiary or any other way
Charging of rent is compulsory or choice of parent company.
another thing is that is it possible in any case to adjust subsidiary lossess with parent company i.e by making 100% holding subsidiary or any other way
27 March 2009
Charging of rent is compulsiory.
You cannot adjust subsidiary loss in holding company books.
However in consoldiated balance sheet it will refelct automatically.
You cannot adjust subsidiary loss in holding company books.
However in consoldiated balance sheet it will refelct automatically.
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
- CLOSING STOCK QUERY
- TDS _Long term Capital Gain ref.sec 214 Table 2
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Traces submitting correction statement error
- Gst on travel by air for business purposes
- Rent claimed on building given on permissive possession basis
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
