28 November 2008
X is a promoter who is buying a company ABC from Y. X has paid some amount to transfer the ownership of ABC from Y to X. In addition X also paid some lumpsum to Y as a premium (market rate or cost of good will or black money.. whatever u call). How does X treat this in his books of accounts?
07 October 2009
Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.
07 October 2009
Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.
CAclubindia
