short term capital loss
This query is : Resolved
Hardi J. Patel
(Querist)
24 December 2013
loss on sale of vehicle which is shown in fixed assets. that is disallowed under which section - 36 or 37 or 40 or 40A or 43B?
25 December 2013
Block of assets is governed by Section 32 and Section 50.
Accordingly profit or loss on sale of assets is also governed by Section 32 & Section 50.
Accordingly profit or loss on sale of assets is also governed by Section 32 & Section 50.
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