17 December 2008
If a company has been incorporated as wholly owned subsidiary.
now after 2 years, holding company is making further investment, then whether capital reserve / goodwill has to be calculated on subsequent investment.
If calculation has to be done then under with para of Accounting standard.......
At the time of both investments, it is only wholy subsidiary..
please anyone reply fast, i m in very my urgent need of it...........
CAclubindia
