Profits and gains from business or profession
This query is : Resolved
Santhosh Kumar
(Querist)
16 September 2011
Sale of a part of block of assets for more than the value of the block?
How to calculate the wdv of the remaining assets in the block??
How to calculate the wdv of the remaining assets in the block??
CA Anjali Aswal
(Expert)
16 September 2011
If any part of block is sold for a price which is more than the w.d.v. than there will be short term capital gain and no w.d.v. of other assets will remain even if block exist.
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Santhosh Kumar
(Querist)
19 September 2011
What is tea coffee or rubber development account s.33AB?
When the amount taken from that account is not taxable?
For what purposes the withdrawl from that account is not taxable?
When the amount taken from that account is not taxable?
For what purposes the withdrawl from that account is not taxable?
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