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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
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Amol S Joglekar

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Amol S Joglekar (Expert)
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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