Financial statement only if one associate

MADHU MITTAL (DIRECTOR) (192 Points)

05 November 2017  

Please let me know  J (p) Limited  got 48 % equity  in M (p) Ltd on 30.03.2017 .  for F.y 31.03.2017 whether  Consolidated balance sheet will be made of Jain (p) Ltd as per  AS 21  or only in balance sheet of  J (p) Limited  investment in  M (p) Ltd with goodwill/capital Reserve will be shown.