Is depreciation not considered in calculation of capital gains?

Accounts Tax GST

This question was asked in Introduction

Is depreciation not considered in calculation of capital gains?

himanshu gaggar

March 14, 2017, 2:40 p.m.

Answers!

Davneet Singh

March 14, 2017, 6:45 p.m.

In case of Depreciable aset,we consider DEP also

(Opening Value+Pur-DEP)

Learn here

http://teachoo.com/267/80/Capital-gain-on-Depreciable-assets-used-in-Business/category/Basics/

Comment

Answer the question...