11 February 2018
I have a doubt in Capital gains (Section 50 :Computation of CG in case of Depreciable assets) about the following scenario Example :- Assessee have 7 assets in one block of assets, WDV - 10,00,000. He sold 5 assets for 12,00,000 Here Block becomes Zero and STCG amounts to 2,00,000.
But, what about the remaining two assets in the block ? How to treat them in the subsequent PYs?
CAclubindia
