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  • 467 - Kartik Narayana (Assignment 2)

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    9 views1 page

    467 - Kartik Narayana (Assignment 2)

    Uploaded by

    kartik

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Corporate Valuation – Assignment 2

    R. Kartik Narayana
    PGP/24/467
    In the example of cricket bat shop, it can been inferred that the machine is a long term asset
    as the machine was running for more than 1 year (its mentioned that machines were
    operational when Sachin Tendulkar was playing cricket), So, capital gains tax on the incidental
    income generated by selling on machine would be long-term when the selling price of one
    machine is more than salvage value of the entire block of machinery.

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