Tax treatment of assets on corporatisation: deemed actual cost and carried over written down value on transfer to company. Amendments to section 43 provide that where capital assets are acquired under a SEBI approved corporatisation scheme of a recognised stock exchange, the actual cost of those assets is deemed to be the amount that would have been actual cost absent corporatisation; and where assets forming part of a block are transferred by a recognised stock exchange to a company under such a scheme, the company's written down value of the block shall equal the written down value of the transferred assets immediately before transfer.