Sale of asset in case of companies act
This query is : Resolved
07 May 2013
hello friends
my query is abt recognising profit or loss on sale of asset under companies act depreciation
for eg. opening wdv of car-289770
sale value-317696
sale date-25/05/2012
f.y- 12-13
sale depreciation-11305
what is the treatment for depreciation and amount of profit to be recognisedon sale of total asset.
my query is abt recognising profit or loss on sale of asset under companies act depreciation
for eg. opening wdv of car-289770
sale value-317696
sale date-25/05/2012
f.y- 12-13
sale depreciation-11305
what is the treatment for depreciation and amount of profit to be recognisedon sale of total asset.
07 May 2013
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