if we dispose off any fixed assets i.e. fully retired(Deletion from Books of accounts) the assets. is there any disallowable limit to book the loss for retirement of assets in books. under which section it will be disallowed.
ARUN BOSE (ACCOUNTANT) (29 Points)
29 June 2012if we dispose off any fixed assets i.e. fully retired(Deletion from Books of accounts) the assets. is there any disallowable limit to book the loss for retirement of assets in books. under which section it will be disallowed.
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