Depreciation on Disposed assets
This query is : Resolved
15 November 2019
A company has sold some assets and also disposed off some assets. The block is still there.
While calculating depreciation as per income tax, in the case of sold assets - the realisation value is deducted from the block.
What would be done in the case of disposed off assets which are written off in the books?
While calculating depreciation as per income tax, in the case of sold assets - the realisation value is deducted from the block.
What would be done in the case of disposed off assets which are written off in the books?
15 November 2019
Please explain in details as I am not able to give reply based on query
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