Sirs,
An assessee A partnship firm has sold a Depreciated Factory Gala worth rs 3000000 on June 25 , block of that assets is nil
Original purchased on Dec 1994 at rs 400000
Wdv on 1-4-25 is 13240
So will be STCG OR LTCG OR both i e from 13240 to 400000 is stcg u/s 50 and above 400000 is ltcg
Thanks
CAclubindia
