Compensation for Sterilization of Assets Must Reduce Written Down Value of Asset Block, Says Court.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Compensation received form P&G for sterilization of the assets – once the appellant has the advantage of receiving a sum towards installation of machinery alone, the same deserves to be deducted from the WDV, to the extent it has been added to the value of block assets - HC....