Profit on sale of asset
This query is : Resolved
28 April 2015
is profit on sale of asset can be posted to that asset account ? or to p& l account ?
28 April 2015
how u wil post it in asset acount
u have to take it in profit and loss account
u have to take it in profit and loss account
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
- Households luggage
- TDS 194IB FY 2025-2026
- GST procedure on conversion of Partnership Firm to Pvt Ltd
- Cloud service
- Succession act
- Re-entering the work force
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- Tds short payment certificate no mismatch or not entered in form 26q while filing
- GIFT OF LAND BY TRUST
- P&L and B/s Format for Public Companies
- SECTION 194T
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- TDS Return filing if only have 15G /15H deductions and no other payments
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
