Menu
Amalgamation
in case of amalgamation in the nature of purchase if nothing is mentioned regarding STATUTORY reserve then will the purchasing co. incorporate the reserve of the vendor co. in its books?
Replies (3)
Yes.......................
thanx again :-).....
Yes...... it should be incorporated by debiting to Amalgamation Adjustment a/c....
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
