Dea Learned Members,
Please help on my below query:-
I have to calculate ratio of Total Outside Liabilties and Tangible Net Worth of group companies. When I calculate TNW of subsidiary company should I deduct from its equity , the amount of shares bought by subsidiary company in the holding company? The amount of shares held by subsidiary company of group company is shown as its Non Current Investments.
your question is not clear.
ADY & CO.
New Delhi
Graduate (Any)
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Krea University
Chennai
CA
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Shyam S Gupta and Company
New Delhi
CA Inter
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M N Rao & Associates LLP
Vijayawada
CA Inter
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CCI
Pro
CAclubindia
