is calculation of PC under both methods i.e merger n purchase same or different.....
(reserves role in calculation of PC)
sneha lakhotia (23) (252 Points)
14 September 2009is calculation of PC under both methods i.e merger n purchase same or different.....
(reserves role in calculation of PC)
CA Hemant Kumar
(CA, LLB (p), B.Com)
(204 Points)
Replied 14 September 2009
no both PC are different
Under merger reserves and surplus including statutory reserves are also included
but in case of amalgmation in nature of purchase reserves and surplus are not included
there are soe other changes also