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valuation of goodwill

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Ritu Majumder

Ritu Majumder (Querist)
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24 July 2017 what should be assumed as years of purchase during valuation of goodwill if no information about number of years of purchase is provided in question ?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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24 July 2017 Then do question with Capitalisation method.

Ritu Majumder

Ritu Majumder (Querist)
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25 July 2017 but the question has asked to calculate goodwill in average method

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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25 July 2017 Then take year equal to no of year for which profits given in ques

Ritu Majumder

Ritu Majumder (Querist)
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25 July 2017 thank you :)

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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25 July 2017 Welcome...............

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