banner_ad

Calculation of goodwill of a profession

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 January 2012 can anybody please help me out with the following query

If a Chartered Accountant in practice dies and other member of Institute holding COP wants to takeover deceased CA's practice, on what basis the goodwill of the deceased CA should be calculated.

please revert to me asap
Profile Image

CMA Ashutosh Kumar Gupta

Profile Image

CMA Ashutosh Kumar Gupta (Expert)
07 January 2012 Pl. seek the guidance from ICAI as in general sense firm does not hold the entity status like Company capturing either proprietorship or partnership, dying/expiry of the proprietor makes it redundant, partnership firm is also dissolved on expiry of the partner untill fresh resolution comes into force legally.
Profile Image

CA Amruta Powar

Profile Image

CA Amruta Powar (Querist)
14 January 2012 Sir, can you please let me know where to post the query ??? I am not getting it on ICAI website
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details