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Gift in net owned funds

This query is : Resolved 
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(Querist)
16 July 2013 Is gift received by Parent Company to be included in Net Owned Funds?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 July 2013 While consolidation, it will be eliminated as one side paid and one side receipt.
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Akshata

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Akshata (Querist)
18 July 2013 thanq ramesh.
just 1 more query, what if we want to find Net Owned funds of subsidiary?
Will it be included then?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 July 2013 Yes. As seeing standalone funds of subsidiary it will be included in net own funds

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