Tax on sale of polyhouse/greenhouse

If used structure is sold there would not be any gain or profit !!

@ Rambhia Sir,

Sir can you please explain in detail, to understand it correctly

Evaluate its Cost of aquisition and sell price..... (only for used items)

Thank you for the reply.

So just to confirm, the structure is not considered a capital asset ? - thereby the sale being a capital gain/loss ?

Also, would depreciation be considered to calculate profit / loss ?

And with or without depreciation, if there is profit - under which head will it be considered ?

Thank you.

Shriniwas.

If depreciation has been availed, and if there is any gain it will be ST capital gain.