Exemption for shade purchase

This query is : Resolved 

20 February 2013 SUPPOSE A PERSON IS RUNNING A BUSINESS OF MANUFACTURING. NOW IF HE SELL THE CURRENT SHADE AND PURCHASE A NEW SHADE FOR PRODUCTION OF UNITS, THEN WILL THERE BE ANY EXEMPTION FOR THE PURCHASE OF NEW SHADE?

THANKS IN ADVANCE.

22 February 2013 THE VALUE OF THE NEW SHADE SHOULD BE GREATER THAN THE SALE PROCEEDS OF THE OLD SHADE.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details