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Sale of DEPB / VKUY Licence

This query is : Resolved 
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(Querist)
27 August 2008 Let me know the treatment of
sale of DEPB/VKUY Licence in F.Y. 07-08
of Aprox Rs 25 Lac.
& Balance Licence to be sold as on 31.03.2008 is Approx Rs 15.00 Lac.

Please let me know the treatment of above.
Is the sale of Licence treated as Sale or Other income.
and what can i do for the balance of licence.
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mukesh kushwah

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mukesh kushwah (Querist)
11 September 2008 y
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mukesh kushwah

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mukesh kushwah (Querist)
11 September 2008 A
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Taranjit Singh

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Taranjit Singh (Expert)
07 October 2009 Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.
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Taranjit Singh

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Taranjit Singh (Expert)
07 October 2009 Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.
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