Non-controlling interest

Non-controlling interest
The existing AS 14 states that the minority interest is the amount of equity attributable to minorities at the date on which investment in a subsidiary is made and it is shown as outside shareholders’ equity. Ind AS 103 requires that for each business combination, the acquirer shall measure any noncontrolling interest in the acquiree company either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s identifiable net assets.

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