Adjustments in the value of an asset disclosed in the balance sheet

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..... he balance sheet. 12B. [Omitted by the Wealth-tax (Second Amendment) Rules, 1989, w.e.f. 1-4-1989.] ---------------------- Notes:- 1. Before omission rule 2B it was read as under : "(1) The valu .....

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..... corresponding assessment year. (2) Notwithstanding anything contained in sub-rule (1) where the market value of an asset exceeds its written down value or its book value or the value adopted for pur .....

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