Hi All,
Can anyone please tell how to differentiate among problems of Amalgamation, Demerger and Reconstruction?
In none of the problems the terms demerger/amalgamation are mentioned
Prachi Srivastava (Finance) (368 Points)
17 November 2014Hi All,
Can anyone please tell how to differentiate among problems of Amalgamation, Demerger and Reconstruction?
In none of the problems the terms demerger/amalgamation are mentioned
CA Mitesh N Kothari
(9821662799)
(391 Points)
Replied 20 November 2014
Amalgamation: 2 or more Profit Making company Coming together
Reconstruction: Loss making company taken over by other company
Demerger: 1 and only 1 company becomes 2,3,4 etc
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)