Dear Sir/Madam,
in fixed assets a car in the shedule 1st Apr Rs.224074 and its sold on 12/02/18...
Then how can I depreciate l...?
How to show nil value i. asset head of the car?
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depreciation for sold car
Replies (3)
cost - dep = wdv of car
wdv of car xxx
less; sale value xxx
net profit / loss xxx
thank you Mr Naveen,
Assessee is gst registered dealer the old car taken by Car dealer. Any gst applicable i. the sale of old car...
Assessee is gst registered dealer the old car taken by Car dealer. Any gst applicable i. the sale of old car...
GST NOT APPLICABLE ON SALE OF FIXED ASSETS (IT IS NOT IN OEDINERY COURSE OF BUSINESS)
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