10 September 2015
CAN ANY ONE PLEASE TELL ME UNDER WHICH SECTION OF INCOME TAX. IS LOSS ON SALE OF FIXED ASSETS DISALLOWED ? I HAVE CALCULATED LOSS ON SALE OF FIXED ASSETS ON THE BALANCE SHEET AS PER COMPANIES ACT AND HAVE SHOWN IT AS EXPENSE.NOW, HOW TO DISALLOW IT ??? UNDER WHICH SECTION ??? PLEASE HELP ME
CAclubindia
