Capital gains

chamarthi venkatesh (Student CA Articleship) (848 Points)

11 February 2018  

I have a doubt in Capital gains (Section 50 :Computation of CG in case of Depreciable assets) about the follwing scenario

Example :-

Assessee have 7 assets in one block of assets, WDV - 10,00,000.

He sold 5 assets for 12,00,000

Here Block becomes Zero and STCG amounts to 2,00,000.

 

But, what about the remaining to assets ?

How to treat them in the succeeding PYs?