Master Consolidation CA Inter / Final - CA Sathya Raghu - IndigoLearn

Sir why explanation given in study material says that indirect method of allocation of reserves and profit of subsidiary in a chain holding is not logical. whereas to me it appears to be very much logical since minority of 2nd company (in case there are 3 companies) also has claim over capital profits of 3rd company.

Tq sir... got clarity on consolidation..

You are my all time favorite sir