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relating to secret reserves

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(Querist)
04 September 2008

What is the meaning of secret reserves?
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
04 September 2008
reply as early as possible
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
01 October 2008 Secret reserve is nothing but the excess of intrinsic value of the assets over the book value of the assets and the extent of lower value of the actual liability as compared to their book value.
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