writing off of fixed assets

CA. Rashi Goyal (Chartered Accountant) (512 Points)

18 January 2010  
Hi, A Private limited company incorporated in mid of year 2008 has discontinued its operations and has shut down all its business. Now can it write off all its fixed assets having WDV approx. 20 Lakhs in its books of accounts. Thax Rashi Goyal