Wdv of depreciable asset
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 October 2011
Hi.......
Any one can u tell me in which section it is written that at the time of computation of short term capital gain on depreciable asset, cost of acquisition is taken as WDV of asset?
Please do the help with reference.
Any one can u tell me in which section it is written that at the time of computation of short term capital gain on depreciable asset, cost of acquisition is taken as WDV of asset?
Please do the help with reference.
22 October 2011
Section 50(1)(ii) may be referred to.
22 October 2011
Section 50(1)
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