Hi All....
Can anyone please explain the concept of AS 22 in relation to Amalgamation.
I went through standard but I am not able to follow.
Thanks
Lalit Kumar
(Vice President )
(2213 Points)
Replied 14 March 2011
AS 22 or AS 14.. I have not read anythin related to Amalgamation in AS 22.. Scope deals with Deferred tax asset and DTL.
and quite difficult to make someone understand a full standard online in words..
if in Specific do ask..
Aparna
(CA Qualified)
(122 Points)
Replied 14 March 2011
I found some topics related to Deffered taxes in Amalgamation chapter.
If u have Munish Bhandari book then u can see the problems there
Lalit Kumar
(Vice President )
(2213 Points)
Replied 14 March 2011
Ops pardon me then.. dont have tat book either.. followin sanjeev singhal.. have not read tat standard in depth too.. if i read will get back to u at once..
Aparna
(CA Qualified)
(122 Points)
Replied 14 March 2011
It basically has treatments related to deffered assets and deffered taxes.
Both in nature of merger and purchase
Lalit Kumar
(Vice President )
(2213 Points)
Replied 14 March 2011
Will read and will let u Know aparna..