I'm not sure if your select statement returns only one row. If you want to update the table using the select statement for the assignment, you must be sure that it returns only one row.
Alternatively, you may consider the following solution:
update Original as o inner join Final as f on o.[Assest No] = f.[Assest No] set o.[Assest Description] = f.[Assest Description]
Note that this will only work if both [Assest no] are unique keys in the Original and Final tables, and they are correctly connected.
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