Skip to content
Studycaller

CA Inter doubt

It is for Amalgamation in the nature of Purchase in the books of Buyer company:- Doubt why do we subtract the Amalgamation adjustment reserve in the Notes to account while calculating Reserve and Surp

Image attached to the doubt: It is for Amalgamation in the nature of Purchase in the books of Buyer…

Asked by Rishabh18 Jul 2024502 views

2 answers

  1. Rishabh · 19 Jul 2024

    Thank You

  2. Vishal · 18 Jul 2024

    Cause the transferee company must show the statutory reserve in books of accounts. Further statutory reserve separately treated in case of amalgamation of purchase

Answer or ask in the appGet a CA mentor

Free app · 5 lakh+ learners

Ask your doubt in the Studycaller app

Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.

Get it onGoogle PlayDownload on theApp Store