How to compute goodwill in case of J.V. as per AS-27?
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computation of goodwill?
Replies (4)
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
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