Consolidated Financial statements

Accountancy

Please tell me the correct treatment in the consolidated p&l for the adjustment highlighted in the image

Sibi Srinivasan

CA Final

★ 22K+

08-Nov-23 13:11

397

Answers (4)

Reduce from consolidated P&L

CA Suraj Lakhotia

Admin

08-Nov-23 13:48

Why is it reduced, sir?

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

08-Nov-23 14:43

In suggested answers, there is no reduction sir

Attachments

Screenshot_2023-11-08-14-43-14-04_e2d5b3f32b79de1d45acd1fad96fbb0f.jpg

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

08-Nov-23 14:44

Thread Starter

Sibi Srinivasan

Why is it reduced, sir?

Because its income from within group

CA Suraj Lakhotia

Admin

08-Nov-23 14:45