COPY AND PASTE LINK IN URL:
https://www.icwai.org/icwai/docs/N_O_T_I_F_I_C_A_T_I_O_N.pdf
1 Replies
SAGAR CHORDIYA
(Articlle Assistant)
(24 Points)
Replied 16 September 2013
I have a Shop which was used for business purpose and claimed depreciation on same.
Later I have rented it and stopped claiming depreciation.
Now this period of non claiming depreciation is more than 3 years.
So will my gain be short term or long term
And will I get Indexation benefit on sale of asset.
My view: Once Dep. claimed asset is always chargeable under STCG whether dep not claimed in any further one or more year.
Please let me know asap
Recent Topics
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
- Need your valueble insight.
- Softex For freelancer ?
- GST ON REIUMBURSEMENT ENTRY ON GST PORTAL
Related Threads
CAclubindia
