https://www.taxtmi.com/news?id=21898 Companies may specify the appointed date of a merger by reference to the occurrence of a relevant future event, allowing parties to remain independent until that event occurs. The circular deems the statutory appointed date to be the acquisition date for purposes of IndAS 103, aligning the legal effective date of a scheme with accounting recognition of control in business combinations. en-us Wed, 21 Aug 2019 18:17:59 +0530 Wed, 21 Aug 2019 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21898 Companies may specify the appointed date of a merger by reference to the occurrence of a relevant future event, allowing parties to remain independent until that event occurs. The circular deems the statutory appointed date to be the acquisition date for purposes of IndAS 103, aligning the legal effective date of a scheme with accounting recognition of control in business combinations. News - Wed, 21 Aug 2019 18:17:59 +0530 https://www.taxtmi.com/news?id=21898