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Goodwill incorporates in the holding company books or in subsidiary company books ?

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Question added by Deleted user
Date Posted: 2015/07/27
Deleted user
by Deleted user

Neither the holding company books nor the subsidiary company books but only incorporate in consolidated statement of financial position .

Milin Shah Milin Shah
by Milin Shah Milin Shah , Assistant Manager , Taxpert Professionals Private Limited

If the amalgamation is in the nature of purchase than goodwill would be recorded by Purchaser (Holding company). 

Otherwise if the amalgamation in by purchase of shares, there is no question of Goodwill if purchase is in intrinsic value.... otherwise diff amount of goodwill booked by holding company.

 

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