Manner of fresh acquisition during the year meaning
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the Govt. manner of fresh. Servants family acquisition and Benamidar (if during the year any in whose name the assets is held). (iv) Details of Loans.
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Explanation:
- If an organisation or a business individual makes an acquisition, then it is said that they are said to have bought another company or part of the company.
- A fresh acquisition is one wherein, a company who has never entered into a merger or take over, takes over another company. This can be done at any time of the year.
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