situation where any capital assets transferred by amalgamating
company to the amalgamated company. As such the goodwill in the books of
UPPL (i.e. amalgamating ... incurred cost in order to acquire goodwill and also such goodwill was not
transferred from amalgamating company. Therefore the value of the same
scheme of amalgamation where existing
assets of amalgamating company are acquired by amalgamated company, then
while claiming depreciation after amalgamation, amalgamated company can claim
depreciation ... after amalgamation and consequently difference between
net asset value of amalgamating company and value of investment held by
amalgamated company would become goodwill
scheme of amalgamation where existing assets of
amalgamating company are acquired by amalgamated
company, then while claiming depreciation after amalgamation,
amalgamated company can claim depreciation ... after amalgamation and
consequently difference between net asset value of
amalgamating company and value of investment held by
amalgamated company would become goodwill
amalgamating company
acquired by the amalgamated company should be recognised in the
amalgamated company's financial statements as goodwill on amalgamation.
Therefore, even though ... block of the amalgamating company which is
transferred on amalgamation and depreciation is allowable to both the
amalgamating company and the amalgamated company
books of the amalgamated company and not in the
books of the amalgamating company (ILPL) prior to amalgamation, and that
the goodwill was not acquired ... amalgamating company must vest in the
amalgamated company, and shareholders of the amalgamating company
must become shareholders of the amalgamated company to the extent
books of the amalgamated company and not in the
books of the amalgamating company (ILPL) prior to amalgamation, and that
the goodwill was not acquired ... amalgamating company must vest in the
amalgamated company, and shareholders of the amalgamating company
must become shareholders of the amalgamated company to the extent
amalgamating company
acquired by the amalgamated company should be recognised in the
amalgamated company's financial statements as goodwill on amalgamation.
Therefore, even though ... block of the amalgamating company which is
transferred on amalgamation and depreciation is allowable to both the
amalgamating company and the amalgamated company
block of the amalgamating company
which is transferred on amalgamation and depreciation is allowable
to both the amalgamating company and the amalgamated company ... UHEPL and only after the scheme of amalgamation when
the amalgamating company UHEPL amalgamated goodwill came into
existence being the difference between the consideration paid
scheme of amalgamation where existing assets of amalgamating company
are acquired by amalgamated company, then while claiming depreciation
after amalgamation, amalgamated company can claim depreciation ... scheme of amalgamation where existing
assets of amalgamating company are acquired by amalgamated company, then
while claiming depreciation after amalgamation, amalgamated company can claim
depreciation
scheme of amalgamation where existing assets of amalgamating company
are acquired by amalgamated company, then while claiming depreciation
after amalgamation, amalgamated company can claim depreciation ... scheme of amalgamation where existing
assets of amalgamating company are acquired by amalgamated company, then
while claiming depreciation after amalgamation, amalgamated company can claim
depreciation
