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AS-26

This query is : Open 
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(Querist)
12 July 2017 why we shall not recognise self generated goodwill as an intangible asset in the financial statements...
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
12 July 2017 As we dont know its actual value. & nothing has been paid for that.
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Ajay Kumar

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Ajay Kumar (Querist)
12 July 2017 we can discount the present value of increased sales , which is nothing but its value .
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