TMI BlogValuation of assets forming part of industrial undertakingX X X X Extracts X X X X X X X X Extracts X X X X ..... f persons. --------------------- Notes:- 1. Before Omission rule 2H, as inserted by the Wealth-tax (Second Amendment) Rules, 1973, w.e.f. 1-4-1973, read as under : (1) For the purposes of clause ( xxxi ) of sub-section (1) of section 5, the value of asset (not being any land or building or any rights in any land or building or any asset referred to in any other cl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uch assets as a whole having regard to the balance sheet of such business as on the valuation date and shall make adjustments therein as specified in rules 2B, 2C, 2D and 2G insofar as they are applicable. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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