in case of admission of a partner the good will should be calculated on which ratio sacrifising or gaining?
wht should be in case of retirement ?
Kunal Verma
(Accountant)
(83 Points)
Replied 22 April 2012
Mallampalli Ruthvik
(Student)
(62 Points)
Replied 22 April 2012
in case of admission we need to calculate the sac ratio and then disturbe among the partners but in cae of retirement we need to to calculate gaining ratio and then compensate the retiting or the dead partner
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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