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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2017 I have 2 factories on which i have charge depreciation. Now i am selling 1 factory in Rs 1 crore. 1 factory WDV is 40 lakhs and 2nd factory WDV is 35 lakhs. How to calculate capital gain in this case.
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
12 August 2017 if you're selling only factory 1, then your capital gains will be 1cr minus 40 lacs = 60 lacs
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
12 August 2017 STCG is 25 lakh(1 crore less 75 lakh)




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