Wdv or receipts from sale
This query is : Resolved
31 August 2013
ACTUAL COST - 315000(PURCHASE DATE:01.04.2005)
WDV - 207
RECEIPTS FROM SALE OF ASSETS - 8100
HOWMUCH DEDUCT FROM THE ASSET VALUE AS PER INCOME TAX ACT?
ACTUAL COST - 315000(PURCHASE DATE:01.04.2005)
WDV - 207
RECEIPTS FROM SALE OF ASSETS - 8100
HOWMUCH DEDUCT FROM THE ASSET VALUE AS PER INCOME TAX ACT?
31 August 2013
u need to deduct only WDV on date of sale from WDV as on 1 st day for income tax purpose.
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