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Tax treatment of Writting off of Fixed Assets

This query is : Resolved 

10 September 2010 Fact of case: My client has written off some Fixed Assets from the books. The same is debited to P/L A/c.
Q: Whether amount of fixed assets written off
is allowed to be deducted for Income Tax Purpose? Plz give details of relevant section /case study.

11 September 2010 LOSS OR PROFIT ON FIXED ASSETS IS NOT ALLOWABALE UNDER THE HEAD OF BUSINESS AND PROFESSION

THIS SHOULD BE CONSIDERED IN CAPITAL GAIN HEAD IN CASE OF TWO SITUATION
1. WHEN WHOLE BLOCK IS SOLD
2. WHEN SALE VALUE IS EXCESS THAN WDV


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