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Sir Do i want to read cross holding sums in consolidation in inter level?
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Pradeep RavikumarSir in Advance Accountancy (Paper 5) at intermediate level in Consolidation chapter (Preparation of Consolidated balance sheet) Is that necessary to see the sums of Preparation of consolidated balance sheet sums with cross holdings!? (Holding company has share in subsidary and subsidary holding shares in holding company) in accordance with companies act
No. Cross-holding sums shall not be asked at Inter level
Sahibdeep Singh
Please calrify / elaborate your query. Thanks
Sir in Advance Accountancy (Paper 5) at intermediate level in Consolidation chapter (Preparation of Consolidated balance sheet) Is that necessary to see the sums of Preparation of consolidated balance sheet sums with cross holdings!? (Holding company has share in subsidary and subsidary holding shares in holding company) in accordance with companies act
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