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Easy Office

valuation of goodwill

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(Querist)
24 July 2017 what should be assumed as years of purchase during valuation of goodwill if no information about number of years of purchase is provided in question ?
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
24 July 2017 Then do question with Capitalisation method.
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Ritu Majumder

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Ritu Majumder (Querist)
25 July 2017 but the question has asked to calculate goodwill in average method
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
25 July 2017 Then take year equal to no of year for which profits given in ques
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Ritu Majumder

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Ritu Majumder (Querist)
25 July 2017 thank you :)
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
25 July 2017 Welcome...............

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