Hello every one.
can we bring sharecapital in intangible mode.
Ex: a researcher has goodwill.Now he wants to bring his goodwill as sharecapital in a research company.
can he invest his goodwill as a sharecapital in the company (Public or Private) ??
Please sujjest me provisions..
Thanks..
As per As-26
Self generated Goodwill cannot be capitalised or shown in books of accounts.
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