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Treatment accumulated depreciation on disposal of asset

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 May 2018 In a company WDV of asset id 44002 on 31.03.2017 and gross block value as on 01.04.2017 is 60902 . The asset is sold on 26.09.2017 what will be the treatment of accumulated depreciation as per Companies Act 2013 and Income Tax Act 1961?
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CA SANKET GARG

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CA SANKET GARG (Expert)
15 May 2018 Deduct accumulated depreciation from Gross Value of Asset.

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