Net worth
Querist : Anonymous
My quarry is related to CARO clause (x). To consider the net worth n/s 2(29),whether accumulated lossess be reduced from capital and free reserve or not? please
Refer Page 46 of the below link
http://220.227.161.86/24157comp_aapc_p3finalnew_cp8.pdf
Querist : Anonymous
my quarry is related to CARO clasue (x). To calculate net worth u/s 2(29)whether we deduct accumulated losses from capital and free reserve or not? In other words whether we compare accumulated lossess with capital+free reserve-accumulated losses?
Querist : Anonymous
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