Consolidated Price Asset

And it is require to separate both items? 

Look up at their standalone statements. Or separate parent carrying amount from subsidiary

Its not consolidated statement, its Consolidated price. Rs. 1000 paid for L & B few years earlier and need to rectify and separate both values.

Intragroup transaction’s is not there here because, L& B purchased from outside party.

It’s a capital expense and does not depict in profit or loss statement.

This is a historic transaction

Verify bank payments from both the companies. Once you find what company paid, use prior period changes. Restate the balances and deal with any tax consequences. 

Then reconsolidate again for the consequent years, with disclosures.

please let me know if it was intragroup transfers of non current assets.