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cfs clarification

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99 Points Joined September 2017
x ltd holds 43% in y ltd & 25% in z ltd & y ltd holds 21% in y ltd.

whether x do cfs as >= 50% with y ltd
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On 14 December 2017 at 14:27 Report
Replies (6)
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Finance Professional
6216 Points Joined August 2014

The question needs clarification.

 

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On 14 December 2017 at 14:50
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99 Points Joined September 2017
whether x ltd will prepare cfs as per AS 21 or AS 23
PLz give legal support
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On 14 December 2017 at 14:56
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99 Points Joined September 2017
z holds in y 21%
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On 14 December 2017 at 14:57
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Consultant (IB)
36 Points Joined April 2009
please comply with the provisions of Section 129(3) in case of Company x and Z along with accounting standards as may be prescribed.
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On 15 December 2017 at 13:54
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99 Points Joined September 2017
plz give specific answere
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On 15 December 2017 at 13:56
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Consultant (IB)
36 Points Joined April 2009
section is very clear ...read it by yourself. if u r looking for a reply in respect of mathematics of % of consolidation, ur question itself is guiding factor.
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On 15 December 2017 at 14:00

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