Car treatment at the time of discontinue of sole prop. bussines.

110 views 1 replies
Car will be treated as deemed supply at the time of discontinue of sole prop. bussines..
if yes ; what is the sale value..
Replies (1)

WDV or FMV, whichever higher,  as on the date of dissolution.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register