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Loss on sale of part of plant

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(Querist)
27 December 2008 Why is "loss on sale of plant" not taken in cost sheet?
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sheena Teckchandani

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sheena Teckchandani (Expert)
27 December 2008 Because it is capital loss
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
27 December 2008 capital Loss is not part of cost sheet.
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