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Querist : Anonymous

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Querist : Anonymous (Querist)
25 November 2011 Dear Expert,

Can u pls tell me !!!
why we deduct only revaluation reserve while calculating Networth?

Kapil Arora (Expert)
25 November 2011 As Net Worth Depends upon the principal of Historical Values and all the amounts are taken at their Historical value,,,,So if assets is revalued at upper site then it needs to be deducted


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