Should deferred tax asset & capital reserve accumulated on account of revaluation of fixed assets be subtracted from paid-up capital while computing net worth of a company?
Should deferred tax asset & capital reserve accumulated on account of revaluation of fixed assets be subtracted from paid-up capital while computing net worth of a company?
Deferred tax asset should be. Others will be decided by the purpose for which u need the networth certificate and the format specified by them
he is correct
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