Purchase a new car &sold old car
Querist : Anonymous
please help me .
Opening WDV - 120000
Add - Purhcases - 400000
Less - Sale Value - 20000
WDV for depreciation - 500000
You will have to claim depreciation on Rs. 5,00,000/-
Loss on sale of car will not be allowed.
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Money lost in stock market related scam
- Reminder of Dues under the WBGST Act 17
- ITR3
- 80ccd(2) deduction
- Merger related taxation
- Merger issue
- FNO loss set off with STCG
- Hash value error indicated whilst validating itr 2 online
- NRE account -account type issue in AY2025-26 Tax Filing
- EXPENDITURE AGST. TDS U/S 194JB
- EPF Withdrawal Where to show in ITR2
- GST ON SOLAR POWER PANELS
- 54 F disallowance presentation in ITR 2
- Regarding ITC show in Electronic Credit Reversal and Re-claimed Statement.
- TDS on disallowance and reporting
- Requirement of MGT-14 for resolution passed at EGM for appointment of auditor
- ICWAI-Final
- Gratuity Fund Audit & ITR
- RCM gst liability and return query
- HSN details in Table 12 for gstr1
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
