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Merger and Amalgamation
Accountancy
answered on 21-Sep-22 17:16
Can anyone help in difference between Merger and Amalgamation? Thank you.
latest answer
Merger is generally used in cases where an the merging company loses its identity. For e.g. Merger of ING Vysya bank with Kotak. Howerever there is no hard and fast rule.
Rajasekaran Suresh
CA Inter
★ 495
4
571
Sec 48
Corporate & Other Laws
answered on 21-Sep-22 11:12
What does it mean? Point b
latest answer
At the time of the issue of that shares, the terms did not include anything that will prevent the company to vary the rights.
Sugam SM
CA Final
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3
512
Lease deed - AS
Accountancy
answered on 20-Sep-22 21:09
The business of the company is renting of space It enters in lease deed and then rents the place and nake rental income 1. If some renovation expenses on the leased premises are incurred, how do we account for it? 2. And if the premises are not yet ready to be lent, can I capitalise the expenses like Salary, professional fees and consulting fees, audit fees etc?
latest answer
1. renovation expenses if capital - capitalise else charge off to revenue. 2. You cannot capitalise such expenses.
Seemran Singh
CA Final
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1
445
AS 4
Accountancy
answered on 20-Sep-22 21:05
Is interim dividend an adjusting event.
latest answer
Okay Sir
Swetha S
CA Inter
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2
436
Profit and gain of the business or profession
Direct Taxation
answered on 20-Sep-22 20:54
Anyone can explain to me how they take Rs 100 has a full value of consideration. I have attached that below (Section 43 CA)
latest answer
Since amount received by A/c payee cheque, the consideration is compared with date of agreement.
Subash Chandrabose
CA Final
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1
470
Redemption of Preference Shares
Accountancy
answered on 20-Sep-22 21:09
In Illustration 9: Value of Profit and Loss Account is Not Given. And the Journal Entries for Premium on Redemption of Preference Shares and CRR are done using General Reserve which I think technically dont follow Indian Companies Act. Comment on this.
latest answer
Thankyou sir. I will practice it well now.
A B
CA Inter
★ 105
3
857
Profit and gain of business or profession
Direct Taxation
answered on 20-Sep-22 20:10
Anyone can explain to me how they take Rs 100 has a full value of consideration. I have attached that below (Section 43 CA)
latest answer
Thank you
Subash Chandrabose
CA Final
★ 32K+
2
583
Doubt on partnership
Accountancy
answered on 20-Sep-22 20:59
In illustration 5 , it It is given that in place of the retiring partner a new partner would come D â?¦shouldnâ??t Bâ??s share of goodwill be given to D?
latest answer
D is new partner, so D has to contribute towards goodwill.
sradha krishna sunil
CA Final
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1
409
General
Strategic Management
answered on 20-Sep-22 21:14
What is the meaning of absolute and relative
latest answer
Thanks
Krishnan K
CA Inter
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2
634
Railways Audit
Others
answered on 20-Sep-22 21:07
After seeing the video on the topic BYJU's posted by Indigo learn, I got a doubt that , How the Revenue of the Railways is tracked and what is the authentic methodology used for Revenue recognition of them ? Also, the TICKET COLLECTOR may allot some partial seats for partial destination to some of the passengers which may not be on record. How do railways track the accurate revenue ? Kindly Clarify
latest answer
Railway collects revenue over counter by sale of tickets, online sale of tickets and also by TTE. When TTE allots a seat against genuine payment, a receipt is issued. Accounting is largely done on cash basis.
Avasarala Vivek Aditya
CA Inter
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1
413