while valuation of goodwill only operating profit is considered.
what should be done if Bank Charges have been omitted during last year.
some says bank charges are finance cost while some treat it as office and admis. expenses.
can anyone tell me ingorned bank charges should be considered or not to cal. goodwill?
bank charges are only for current account maintaining not for other things, i think so.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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