Menu
Sales of fixed assets
Dear Sir
we sold the fixed assets last month, where we have show the sales of assets in kvat pls suggest me
Replies (1)
DEAR NAVEEN JI
YOU NOT NEED TO ADD IN SALE A/C OF SALE AMOUNT OF FIXED ASSEST.
YOU SHOULD CREDIT THE BLOCK OF FIXED ASSET FROM WHICH BLOCK YOU HAVE SALE .
AND DEBIT TO BANK OR CASH A/C
GOOD LUCK
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
