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Goodwill

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 September 2011 Sir can u please explain para 36 of as 10 relating to goodwill ?

when should goodwill appear in the balance sheet ?

and at the time of sale even the seller must raise g/w in his books ?
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
06 September 2011 Only When We purchase Goodwill Eg. Amalgamation.

Seller Can Recognise as profit on sale Instead of goodwill .
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
03 October 2011 i completly agrees with ayush's reply
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