Dear All,
Please guide me about what would be pros and cons if we do cash purchase of some assets or cash sales of some assets?
pls send me your reply on cavickyshah @ gmail.com
CA.VATSAL SHAH (SERVICE) (202 Points)
21 June 2008Dear All,
Please guide me about what would be pros and cons if we do cash purchase of some assets or cash sales of some assets?
pls send me your reply on cavickyshah @ gmail.com
pradip patel
(tax consultant)
(34 Points)
Replied 21 June 2008
Hi,
You can sell or purchase by cash of any asset other than in which you are doing business.