treatment of bargain purchase in IND AS 103

Reasons for such treatment of bargain purchase in IND AS 103
IND AS 103 recognises it in OCI or as capital reserve because recognition of such gains in profit or loss would result into recognition of unrealised gains as the value of net assets is determined on the basis of fair value of net assets acquired.Ind AS 103 will require disclosure of information to assist the users of the financial statements with the understanding of the nature and financial effect of a business combination.


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