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01 April 2009 what is the treatment of profit earned by amalgamating co b/w the date of agreement and date of actual amlagamation take olace.plz explain in detail. as what will be the treatment of profit earned by RPL before $ march for RIL.
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
01 April 2009
Date of Agreement is the cut off date for consoldiation.

On the actual amalagmation date entries are consolidate with retrospective effect that is agreeement date.

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