GST Course

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

sahis (CA Final,BBA)     29 December 2010

Amalgamation- Inter company holdings

 Can any one briefly explain inter co. holdings and corresponding accounting treatment? If you can, explain with the help of a table. thanks in advance and best of luck to friends who attent in Nov exams



 1 Replies

mahesh

mahesh (ca)     04 November 2013

Originally posted by : mahesh 

inter company holdings refer to having investments of transferor (transferee) in transferee (transferor) company .

important points to be noted before preparing financial statements is that

  • calculation of net worth  assets with out investments as the value of investments are based on other company share value
  • while calculating purchase consideration we need to deduct the value of share holdings in transferee company (TAKE OFF)

 

 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading
Start a New Discussion

Popular Discussion


view more »





Subscribe to the latest topics :
Search Forum:



Trending Tags