slump sale

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Yogesh Kumar (Querist)
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09 March 2011 In a slum sale a machinery has been transfer on 31-12-2007 having WDV on 31-03-2007 was Rs 2,00,000/-.

Now my question is what is the WDV of the machinery for the purpose of slump sale?

CA KIRAN KANANI

CA KIRAN KANANI (Expert)
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10 March 2011 The slump sale provisions are vis-a vis the seller. The buyer, in order to get the depreciation, must opt for the WDV as shown in the books of seller.
CA KIRAN KANANI 9822049321

Yogesh Kumar

Yogesh Kumar (Querist)
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01 April 2011 thanks for your reply
But can you Please tell me the figure of WDV?

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