https://www.taxtmi.com/acts?id=6493 Assets of an industrial undertaking are valued either individually at open-market prices (cash excluded and added separately) or, if regular business accounts are maintained, the assessing officer may value the assets collectively by reference to the undertaking's balance sheet on the valuation date, applying prescribed statutory adjustments and the officer's discretion to reconcile accounts with valuation requirements. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 14 Sep 2012 17:10:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6493 Assets of an industrial undertaking are valued either individually at open-market prices (cash excluded and added separately) or, if regular business accounts are maintained, the assessing officer may value the assets collectively by reference to the undertaking's balance sheet on the valuation date, applying prescribed statutory adjustments and the officer's discretion to reconcile accounts with valuation requirements. Act-Rules Wealth-tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6493