Easy Office
LCI Learning

Capital Loss

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 June 2010 If we sell a depriciable asset bearing a loss on its written down value, then the loss on the sale of the asset will be treated as Capital Loss or not???????


Please suggest.
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
09 June 2010 yes it will be treated as short term capital loss u/s 50.
Profile Image

Deepak Goel

Profile Image

Deepak Goel (Expert)
09 June 2010 Yes, it will be treated as capital loss




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links