Computation of proft on transfer of a business capital asset.

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..... ed shall be computed in accordance with the formula- A-(B+C) Where A = the amount accrued or received in respect of such asset, which is transferred, discarded, destroyed or destructed during the financial year together with the amount of scrap value, if any; B= the amount of written down value of such block of assets at the beginning of the financia .....

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