Trement of expenditure
This query is : Resolved
03 December 2009
Tratctor shown as fixed assets in partnership firm.
Such had loss by fire.
Is it allowable or disallowable.
If decision based on case law ,plz specify.
Such had loss by fire.
Is it allowable or disallowable.
If decision based on case law ,plz specify.
03 December 2009
such loss is allowed to the extend of insurance claim not received menas Loss in P/l = WDV - insurance claim (if any received)
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