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valuation of goodwill

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(Querist)
11 November 2008 When we value goodwill how we shall consider the no. of years of purchase of goodwill, when it is not purchased i.e. the goodwill has generated over the years because of the performance of the business?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
11 November 2008 No of years of purchase means 'if purchased'.

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