Is sale of any Capital asset required to be included in form 3CD?
Souvik Kumar Ghosh (CA Final) (1368 Points)
13 August 2011Is sale of any Capital asset required to be included in form 3CD?
Devendra
(Chartered Accountant)
(4775 Points)
Replied 13 August 2011
The sale of Fixed Asset should be disclosed in Annexure 1(a) of Addition and Deduction of Fixed Assets during the year.
Regards,
Devendra K
CA SUNIL KALRA
(Senior Auditor)
(34 Points)
Replied 13 August 2011
No,,,it should not be disclosed in Form 3CD rather its a part Dep sch. n dat shub be shown there,,as a sale in the schedule...