Satheesh (CMA & CA Final) 28 December 2012
We are sold some of the fixed assets to one person and remaining assets to another person at a loss. How should we calculate capital loss for diffent fixed assets with two sale considerations.
CA SONIYA AGARWAL (self practice) 28 December 2012
calculate period of holding , cost of acquisition nad sale consideration of each asset separately if they cant be grouped togehtter , andd compute CCapital gain og each asset separately