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Capital loss

Satheesh (CMA & CA Final)     28 December 2012

CMA & CA Final 
 1 likes  189 points

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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

self practice 
 156 likes  2980 points

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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 

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