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Question ID : 44931

Investment in Associate

When Investment done in associate company before 2 years at that time goodwill was calculated now that company came up with IPO due to which our percentage holding reduced from 40 to 22 then now again need to recalculate goodwill or not as per AS 23? or should we just add % of profit in reserves as per new % ?

Posted by TIRTH SHAH on Oct 28, 2025

Filed Under AUDIT