Menu
Fixed assets
how we calculate profit/sale on fixed assets?
Replies (1)
Profit on Sale of Fixed Asset is Calculated As follows:
Selling Price of Assets - Opening WDV of Assets - Depreciation on Assets upto the date of sale
= Profit on Sale of Assets.
Recent Threads
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
Related Threads
CAclubindia
