08 May 2023
SIR MR A HAVE PRO. OF XXX CONCERN HE BROUGHT A CAR RS. 16,00,000/- AS ON 20.05.2017. CAR WDV RS. 8,50,000 /- AS ON 31.3.2023. HE SALE OF CAR AS ON 30.04.2023 RS. 14.25,0000/- AND ANOTHER CAR PURCHASES AFTER THE THREE MONTH. MY QUERIES IS 1. IF APPLICABLE BUSINESS PROIFT RS. 5,75,000/- 2.NEW CAR VALUE RS. 26,00,000/- 3. MU WORKING IS WDV AS ON 1.4.2023 RS. 14,25,000/- LESS SOLD VALUE RS. 8,50,000/- -------------- 5,75,000 ADD NEW CAR 26,00,000 -------------- CLOG VALUE AS ON 31.3.2024 31,75,000 IT IS CORRECT WORKING THANKS