Transfer of shares
This query is : Resolved
Damandeep Singh
(Querist)
02 October 2011
hi all.. Kindly help me out. Suppose A is a holding company and B is its subsidiary. A is having 75% stake in B. Now A transfers 10% shares to third party i.e. C free of cost. What will be the accounting treatment in stand alone books of A and also traetment at time of consolidation of A & B as per IAS 27 and other relevant IAS.
CA Pushpendra Gaur
(Expert)
03 October 2011
In the standalone bookes of A,
the sale of the shre is to reorded
and all the cost of the 10 % shares to be booked as Loss from sale of investment
the sale of the shre is to reorded
and all the cost of the 10 % shares to be booked as Loss from sale of investment
CA Pushpendra Gaur
(Expert)
03 October 2011
well the calculation of goodwill will be made on the basis of 65 % share and 35 % share is to be shown as Minority Share
Damandeep Singh
(Querist)
03 October 2011
Thanks again..
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- 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
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
