INTERVIEW QUESTIONS TAX DETAILS

Question: What is Book value in Taxation?

Answer: Book value in Taxation is the value of individual asset as recorded in the accounting records of a taxpayer, calculated as actual cost less allowances for any depreciation.

Book value in Taxation is the value of individual asset as recorded in the accounting records of a taxpayer, calculated as actual cost less allowances for any depreciation. Source: CoolInterview.com

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