Calculation of goodwill of a profession
This query is : Resolved
04 January 2012
can anybody please help me out with the following query
If a Chartered Accountant in practice dies and other member of Institute holding COP wants to takeover deceased CA's practice, on what basis the goodwill of the deceased CA should be calculated.
please revert to me asap
If a Chartered Accountant in practice dies and other member of Institute holding COP wants to takeover deceased CA's practice, on what basis the goodwill of the deceased CA should be calculated.
please revert to me asap
07 January 2012
Pl. seek the guidance from ICAI as in general sense firm does not hold the entity status like Company capturing either proprietorship or partnership, dying/expiry of the proprietor makes it redundant, partnership firm is also dissolved on expiry of the partner untill fresh resolution comes into force legally.
14 January 2012
Sir, can you please let me know where to post the query ??? I am not getting it on ICAI website
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
