Clarification regarding Amalgamation in the nature of merger - Pooling of interests method

Tejeswar Dirisina (1 Points)

24 September 2022  

Hi

In the case of Amalgamation in the nature of merger of a company where IND AS is not applicable, whether the previous year comparable figures in the Balance sheet and P&L A/C need to be reinstated to include the Financial statements of the merged company where the appointed date of merger was two years earlier to the date of current balance sheet.