Please Help: Disclosure of Profit on sale of Fixed Assets

Posted Date : 29-Jul-2013 , 06:56:16 pm | Posted By SUBHASH KUMAR JHA

If in the books some fixed assets has been sold on profit but according to block concept of incometax act this block is neither get closed nor sale value exceed opening value and addition then how shall i dealt with it ITR 4 so that I shall not have to pay tax on gain according to books

Category : Income Tax | Answers : 0 | Comments : 0 | Hits : 148