https://www.taxtmi.com/acts?id=11695 A person is entitled to a terminal allowance where a block of assets ceases to exist during the financial year and the depreciation percentage for that block is zero. The terminal allowance equals the written down value of the block at the beginning of the year plus actual cost of assets added during the year, less amounts accrued or received on disposal of assets in that block and any carcass or scrap value; a negative result is treated as nil. en-us Thu, 16 Sep 2010 18:34:59 +0530 Fri, 17 Sep 2010 13:25:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11695 A person is entitled to a terminal allowance where a block of assets ceases to exist during the financial year and the depreciation percentage for that block is zero. The terminal allowance equals the written down value of the block at the beginning of the year plus actual cost of assets added during the year, less amounts accrued or received on disposal of assets in that block and any carcass or scrap value; a negative result is treated as nil. Act-Rules Bills Thu, 16 Sep 2010 18:34:59 +0530 https://www.taxtmi.com/acts?id=11695