Kindly tell me if sec premium is appearing in the books of transferor company how it should be dealt with in the case of a) merger b) purchase.Also tell me the treatment of sundry provisions under both the cases
Kindly tell me if sec premium is appearing in the books of transferor company how it should be dealt with in the case of a) merger b) purchase.Also tell me the treatment of sundry provisions under both the cases
Somebody plz reply this query its urgent.....
In both the cases, it would be credited to Shareholder's Account or the Realisation Account.
thanks suraj sir.
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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CAclubindia
