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Financial Management
Question no. 5 Why is it treated as capital loss ?
Swathi Krishna
CA Final
★ 8K+
07-Nov-20 18:13
344
Answers (1)
The machinery is depreciated and sold / scrapped. Diff between WDV & sale value is capital loss on which you get a tax benefit right?
Sriram Somayajula
Admin
08-Nov-20 09:16