computation of goodwill?

Method of calculation of goodwill remains same in case of JV except that you need to calculate the net assets of JV taking into account your proportionate share in that JV.

In case of 50:50 JV, Goodwill will be calculated as follows:

Purchase consideration     xxxxx       (A)

50% of net assets of JV      xxxxx       (B)

Goodwill                                   xx           (A-B)

varun are you sure ??

yes dear i m pretty sure

Yeah, above method is correct one