Accounting treatment

if u maintained revaluation reserve A/c 200000 should transfered to reserve a/c otherwise to the extent of 200000 transfered pand l a/c

Recycle the revaluation reserve to P&L in the same line in which the gain or loss on disposal of fixed asset is booked.

transfer the whole amount to p&l a/c then calculate gain /loss on sale of asset ORdifference in loss/gain of sale of aseet and revaled amount to p&l a/c

No Journal Entry Will be Passed on Revaluation of Assets but At the Time of Sale Following Journal May Be Passed,

                                  Bank A/c - Dr   1400000

                                              Fixed Assets A/c Cr  1000000

                                               P/L A/c                  Cr    400000

What about depreciation from 01-04-2011 to 30-09-2011? It has to be considered when the asset is sold.