15 September 2012
if wdv of a asset in block is rs 100000 n its sold for 150000 and block continues to exist. then what will be cosing wdv(not considering derpiciation). and what if same asset is sold for 50000.what will be wdv now
15 September 2012
assets value not permissible in negative hence in 1st case dep. allowable will be zero. in 2nd case it will be rate x(100000-50000)(if block exist) otherwise zero.
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