Good will calculation

72k-25k-30k.=17k 78k+10k.=88k 90k.=90k Avg of 3 then ×2

First name Last name

CA Inter

★ 285

09-May-23 23:35

We should consider the previous year loss also na? If yes, it should be less from the 2014-15 amount as it is a loss right?

Likhitha Sivani

CA Final

★ 14K+

10-May-23 08:05

I also had that doubt, but they didn't consider the loss

Thread Starter

Umayal Lakshmanan

CA Final

★ 6K+

10-May-23 11:38

Previous year loss is not required to be considered. One time item. Similarly credit from insurance proceeds is not considered.

CA Suraj Lakhotia

Admin

11-May-23 14:39

Ok sir. Thank you sir

Thread Starter

Umayal Lakshmanan

CA Final

★ 6K+

11-May-23 15:52