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AS 18

Accountancy

In may 19 Ques 1 d ii It is given that B Ltd is subsidiary of A Ltd. Can we make assumption in that way also.. But sir told A Ltd doesn't have control over B Ltd. ????

kowselyaa G

CA Inter

★ 2K+

03-Apr-23 12:13

292

Answers (2)

Mr. Subhash already hold 72% Capital of B ltd. It means B ltd is not a subsidiary company of A ltd. If if A ltd hold rest all capital (28%) in B ltd.

Jitendra Kumar

CA Final

★ 41K+

03-Apr-23 12:32

Jitendra Kumar

Mr. Subhash already hold 72% Capital of B ltd. It means B ltd is not a subsidiary company of A ltd. If if A ltd hold rest all capital (28%) in B ltd.

Thank you

Thread Starter

kowselyaa G

CA Inter

★ 2K+

03-Apr-23 12:44

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