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Amalgamation

Is the good will given in balance sheet is considered in calculation of purchase consideration in the purchase method


NAVEEN KUMAR E

NAVEEN KUMAR E

CA Foundation

14K+

14-Apr-20 09:00

34

Answers (1)

No,as goodwill given in balance sheet is intangible asset and is not considered while calculating puchase consideration..excess amount of Purchase consideration over value of net asset is considered as goodwill


Abhilasha singh

Abhilasha singh

CA Inter

5K+

16-Apr-20 15:08