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Understanding of goodwill, I want to ask if partnership firm readjust share ratio.
Suppose firm average Net profit 12 lakh after partner's interest on capital ( 10 lakh).
So, question is that in goodwill calculation
Average Profit X year purchase ( 3 years)
ie 12 lakh x 3 year = 36 Lakh
Or
(Average profit + partners interest on capital) X year purchase
ie ( 12 lakh + 10 lakh) X 3 year = 66 lakh
Which method is correct.
Please solve the query.

I have posted 4 question, but still no one has respond
The same. You are requested to pl. Put your valuable opinion, guidance

Sir/Madam

One of my friends forgot to make the Darken Circle of MCQ Booklet No. in the CA-final Examination of IDT exam. So, would there be any problems in verifying the Answer Sheet?


Darken the circle around each MCQ answer done on the Answer sheet.

Sir Iam completed my CA final 2nd group in 2009 and Later in subseaquent attempt Appeared for 1st group but failed. Now i started preparation for 1st group and want to appear in 2026. My queries regarding SPOM 1.i hear from some resources that set C and D are exempted for me. 2.when will SPOM will be completed by me Whether it is after completion final or before writing of final 1st group exam. Thinking you
Yours faithfully
G Ramesh babu

I need Ankush chirimar Audit Notes 115 pages for CA Intermediate.

I appeared in GROUP 2 Inter in Jan 2025 under 2D and scored 29 in audit, 61 in fmsm. My result shown as "Unsuccessful-EX".My doubt i got exemption for fmsm or not ? kindly clarify.

Hi.. i completed by GMCS by 2013. Ye to complete CA final
Is 15 days orientation compulsory for me?

Hello .

I wrote my roll no in MCQ booklet part and later erased with ink eraser. But I have shaded it properly , now will it affect evaluation of MCQ part for ca inter exams . Pls let me know