Adjustments in the value of an asset not disclosed in the balance sheet

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....ed in the balance sheet. 12C. [Omitted by the Wealth-tax (Second Amendment) Rules, 1989, w.e.f. 1-4-1989.] ------------------------- Notes:- 1. Before Omission rule 2C it was read as under : "Th....

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.... purposes of assessment under that Act, the amount of the debt as reduced by the deduction to be allowed; (b) in the case of goodwill purchased by the assessee for a price, its market value or the p....