https://www.taxtmi.com/acts?id=10875 Computation of the value of gross assets follows the formula A + B + C - D - E, where A is the gross block of fixed assets at year end, B is capital work in progress, C is the book value of other assets, D is accumulated depreciation claimed on the gross block to that date, and E is any debit balance of the profit and loss account included in C. en-us Thu, 20 Aug 2009 12:44:41 +0530 Thu, 20 Aug 2009 16:30:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10875 Computation of the value of gross assets follows the formula A + B + C - D - E, where A is the gross block of fixed assets at year end, B is capital work in progress, C is the book value of other assets, D is accumulated depreciation claimed on the gross block to that date, and E is any debit balance of the profit and loss account included in C. Act-Rules Bills Thu, 20 Aug 2009 12:44:41 +0530 https://www.taxtmi.com/acts?id=10875