Menu
Meaning
what is the meaning of pre acquasition profit?? I read it in Para 12 of AS13
Replies (1)
Profits prior to date of acqusition (investment) are pre acquisition profits, It will reduce the cost of investment.
Generally dividend amount will be reduced from the cost of investment in the following two cases
1. when the investments are purchased on cum dividend basis.
2. when the dividend is declared out of pre acquisition profits.
Generally dividend amount will be reduced from the cost of investment in the following two cases
1. when the investments are purchased on cum dividend basis.
2. when the dividend is declared out of pre acquisition profits.
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
