Long term Capital Gain adjustment with co. Losses
This query is : Resolved
28 March 2009
Dear Sir / Madam
Our company has a plot of land on the name of self from 1947 and it is running from last few years in loss. Now Board of directors decided to sell out that plot to clear the liability on the name of company.
can the liability be cleared by that.
plz clear it
santosh
Our company has a plot of land on the name of self from 1947 and it is running from last few years in loss. Now Board of directors decided to sell out that plot to clear the liability on the name of company.
can the liability be cleared by that.
plz clear it
santosh
28 March 2009
sure , what is problem take approval from BOD
Message likes :
1 times
28 March 2009
Off course yes.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Form 26QB for TDS on property
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- RCM - commercial rent paid to URP under GST
- GST Annual Returns filing due date
- Offsetting interest income against derivative trading losses
- Whether still royalty
- Gst Sales of FY 2023-24
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
