Sales of fixed assets profit treatment in it act

Kollipara Sundaraiah (B.com) (2963 Points)

07 February 2022  
One of the it assessee purchase of fixed assets rs:1 lacs value f.y.20-21 through on cash mode. depreciation no claimed.assessee fixed sales value rs:1,25,000/- f.y.21-22.
question:
1.above transaction treatment show in books in it act