Could anyone help me to understand this use case?
Entity A purchased Computer on 01 Apr 2018 amounting to Rs. 50,000 + GST @ 18% which comes to Rs. 9,000. Later on 01 Jan 2023, Entity A decided to sell the computer for Rs. 20,000 + GST @ 18% which comes to Rs. 3,600.
Malhotra Rajesh & Associates
New Delhi
B.Com
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HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
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S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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CCI
Pro
CAclubindia
