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Book Value

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(Querist)
20 June 2008 Kindly explain about the book value with examples
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
21 June 2008 Book value of an asset is nothing but the value as per your books, reflecting the cost of acquisition (including the incidental costs relating to such acquisition), minus the depreciation if any provided for since the date of capitalisation to date.
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