CAPITAL GAIN

Well according to me as i understand that If an Asset is Installed in the Business premises it doesn't matters whether u use it or not , It is deemed that u have used it. So u have to calculate the Capital gain or loss whichever is there and also u have to charge depriciation on the cost in the books considering the no of days the asset is there in the Business premises.

1. It will be a short term loss or gain depends on the situation ...

2. If 2 out of 3 assets were sold and the remaining one is not put to use, in this case, their will be no depreciation on the remaining one ....

agreeed with varun.....