Sale of asset accounting treatment

suppose a company's original value of the building is Rs 50 lacs, wdv is Rs 35 lacs and it sells  this building  for Rs 60 lacs.   

the difference between wdv and original value of Rs 15 lacs (rs 50 lacs minus 35 lacs) will be credited to the profit and loss account obviously. 

can  i take the  excess amount of Rs 10 lacs over and above original value to the balance sheet as capital reserve instead of profit and loss account. pl explain the treatment as per the accounting standard and not from income tax point of view..   thanks n regards

 thanks n regards