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Loss on Sale of Fixed Assets

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(Querist)
25 September 2010 Loss on Sale of Fixed assets is not allowable if Block of assets is still in books,

I wana to know, under which section it is disallowed. and where it will shown in ITR-6
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CA Suraj Lakhotia

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CA Suraj Lakhotia (Expert)
25 September 2010 Feed negative figure under Income considered under another head of income. (Schedule BP)
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
25 September 2010 and for disallowance read section 50
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