what will be the rate of vat in uttar pradesh if an old machine whose written down value is nil in the books of company is sold ? 4% or 13.5% please mention the entry no in the rate schedule in which it falls
Menu
Up vate on sale of old machine
Replies (1)
If sale as trade than VAT can be charged otherwise capital gain tax will raise because it is a Capital asset.
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
