Please let me know the above.
I have a company where in we sold the fixed assets. futher i read a clause where it is said that if assets of the company are sold in year of being operation, it is treated under PGBP instead of CG.
The above question is asked because, the company has PGBP losses of 3 years. so can we take set off of those losses treating it as sale of asset under PGBP.
Well its a news to me. Please tell the section and clause.
dear any amendment has come after finance act ???? pls let us know...
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