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Sale of fixed assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 May 2011 is it possible to net off profit on sale of fixed assets & loss on sale of fixed assets.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
19 May 2011 Not a very clear question. If talking about capital gains then it can be done.

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