What is a block of assets?

block of assets means a group of assets falling within a class of assets, being building, machinery, plant or furniture, in respect of which the same percentage of depreciation is prescribed ;"

What is a block of depreciation?

Now, the assessee shall identify the rate which is applicable to each of his assets falling in that category thus forming blocks applicable for his/her assets. “Block” simply means the grouping of assets having same rate of depreciation shall fall under one block. Majorly, two blocks are there:-

What is the difference between gross block and net block?

Simply , Gross Block Means - Total Value of Asset ( Its Original Puirchase price+any capex) Net Block Means - Original Value Of Asset ( As Above) - Till Date Charged Depreciation

What is a block of securities?

There is no official size designation constituting a block of securities, but a commonly used threshold is more than 10,000 equity shares or a total market value of more than $200,000. Securities traded in block trades facilitate trading by institutional investors or other large investors that require such bulk trades to meet their needs.