sale of transfer of capital goods
This query is : Resolved
12 October 2009
Dear all
we want to sell our capital goods wht procedure we have to follow for calculating the value of the machinery and mould wht amount of duty we have to dabit on the selling of the capital goods
some of our machinery are on running condition and some of them are like scrap
pls advice for the value ,depreciation and duty purpose
Thanks & rgds
R K saini
we want to sell our capital goods wht procedure we have to follow for calculating the value of the machinery and mould wht amount of duty we have to dabit on the selling of the capital goods
some of our machinery are on running condition and some of them are like scrap
pls advice for the value ,depreciation and duty purpose
Thanks & rgds
R K saini
13 October 2009
you can sale the capital goods and the depreciation is 2.5% per quarter.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Booth for sales promotion
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Average Cost Of High Quality Diamonds
- Regarding ITR filing with more value than showing in AIS/TIS
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
