Goodwill calculation
This query is : Resolved
Guest
Guest
(Querist)
11 August 2011
Dear Experts,
Whats exactly no. of years of purchase while calculating Goodwill?
Is it number if years we take to to be able earn current profit?
Regards,
Pooja
Whats exactly no. of years of purchase while calculating Goodwill?
Is it number if years we take to to be able earn current profit?
Regards,
Pooja
CA. Vikash Dwivedi
(Expert)
11 August 2011
number of purchase means the estimated number of years you can earn certain profit by using the same name of the Comapny.
In other words the number of years you will be earning extra profit because of name and reputation of the company.
hope this will answer your query.
In other words the number of years you will be earning extra profit because of name and reputation of the company.
hope this will answer your query.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- GST ITC as per notification 12/2023- central tax
- Gift to nri relatives resides in usa
- Capital Gains Tax on Inherited Mutual Fund
- Form 144 TDS Return Validation Error – Mandatory Fields
- Form 144 TDS Return Validation error
- LLP audit and disclosure
- Applicability of tax on invoice
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
