Goodwill calculation
This query is : Resolved
Guest
Guest
(Querist)
11 August 2011
Dear Experts,
Whats exactly no. of years of purchase while calculating Goodwill?
Is it number if years we take to to be able earn current profit?
Regards,
Pooja
Whats exactly no. of years of purchase while calculating Goodwill?
Is it number if years we take to to be able earn current profit?
Regards,
Pooja
11 August 2011
number of purchase means the estimated number of years you can earn certain profit by using the same name of the Comapny.
In other words the number of years you will be earning extra profit because of name and reputation of the company.
hope this will answer your query.
In other words the number of years you will be earning extra profit because of name and reputation of the company.
hope this will answer your query.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- Copyright software
- Regarding TDS Applicability For Director Remuneration
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
