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Querist : Anonymous

Querist : Anonymous (Querist)

04 September 2014 what is minority intrest? where did post it? can you explain brefly

CA.Rashmi Billore

CA.Rashmi Billore (Expert)
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05 September 2014 When a parent company owns a controlling interest ( more than 50%) in a subsidiary but does not own 100%, than remaining shareholder in the subsidiary constitute minority interest. Minority shareholder have claim on the earnings and net assets of the subsidiary.

Minority interests should be presented in the consolidated balance
sheet separately from liabilities and the equity of the parent’s shareholders.
Minority interests in the income of the group should also be separately
presented.

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Querist : Anonymous

Querist : Anonymous (Querist)

02 June 2015 What is the TDS .how to calculate tds what are the journal entries for TDS. Can any one explain please.

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