i have seenn many question in amalgamation when ever a company have inter company hoildings the case is alwas a case of purchase.
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Amalgamation in case of inter company holdings
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it's depends.....not fix!!
I know that it depends upon the circumstants that are given in question;
but in EVERY question given by ICAI describes it as purchase????????????????
Refer any other ref. book for that kind of sums.
i have done so much of research on that every time if it iss a case of inter company holdings then that will be a case of purchase
Why I do not know?
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