Write short notes on the following: (a) Reverse acquisition (b) Slump sales under income tax act, 1961
Question:
Write short notes on the following:
(a) Reverse acquisition
(b) Slump sales under income tax act, 1961
(c) Goodwill vs. negative goodwill
(d) Pooling of interest vs. purchase method of accounting
(e) Contingent consideration
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a Reverse acquisition A reverse acquisition occurs when a smaller company acquires a larger company resulting in the smaller company becoming the legal acquirer and the larger company becoming the leg...View the full answer
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