26 September 2016
Please suggest the bellow mentioned query in respect of IT ACT as well as accounting treatment. 1.The opening WDV of Plant & Machinery @15% Rs 359956/- 2. The sale proceeds of above assets Rs.158,000/-
27 September 2016
If balance of plant and machinery is exist but whole plant and machinery sold than balance should be treated as Short term capital loss
CAclubindia
