Partnership act

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 September 2016 RESPECTED ALL,

FOR CALCULATION OF GOODWILL IN A PARTNERSHIP FIRM BY AVERAGE PROFITS METHOD, HOW MANY NUMBER OF YEARS WILL BE CONSIDERED. EITHER AS PER LAST REVISED PARTNERSHIP DEED OR OLD PARTNERSHIP DEED?

WITH REGARDS
BALU

15 September 2016 it is the choice of the partners, mutually......
(The concept is more the number of years, higher will be the confidence level)


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