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of <h1>Understanding Business Asset Profit Calculation: Formula A - (B + C) Explained for Capital Asset Transfers</h1> Profits from the transfer of a business capital asset are calculated using the formula A - (B + C). Here, A represents the total amount accrued or received, including scrap value, from the asset that is transferred, discarded, demolished, or destroyed during the financial year. B is the written down value of the asset at the beginning of the financial year, either as part of a specified block or individually. C is the actual cost of any asset acquired within that block during the financial year. If the result is negative, the profit is considered 'nil'.
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