16 September 2011
Sale of a part of block of assets for more than the value of the block? How to calculate the wdv of the remaining assets in the block??
16 September 2011
If any part of block is sold for a price which is more than the w.d.v. than there will be short term capital gain and no w.d.v. of other assets will remain even if block exist.
19 September 2011
What is tea coffee or rubber development account s.33AB? When the amount taken from that account is not taxable? For what purposes the withdrawl from that account is not taxable?
CAclubindia
