Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Profit realised on sale of machinery over cost

This query is : Resolved

Anand (Querist)
Follow

25 May 2009 dear all

Is there any specific provision where proceeds realised from sale of machinery over its historical cost can be taken to capital reserve

Prakash Jasani

Prakash Jasani (Expert)
Follow

27 May 2009 I thing No

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

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

DSK TMC

BHARAT KANDOI

Suhasini

madhuseshu yathirajam

Rubal Singhal

Subscribe Now

Quick Links

Browse by Category

Latest Job Openings

View all

14 May 2026

Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details

01 June 2026

Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details

16 May 2026

Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details

26 May 2026

Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details

27 May 2026

Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details

19 May 2026

Accountant

ca kunjan

Mumbai

CA Inter

View Details

29 May 2026

Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details

23 May 2026

Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details