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What is meant by Capital Loss
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Answer / mash
Capital loss:- We are investing some money in business at
that time what are losses incurred that is the capital loss.
regards,
mahesh.
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Answer / mahesh
WHEN WE SALE CAPITAL GOODS I.E. ASSETS BELOW THE WDV
(WRITTEN DOWN VALUE) PRICE, THE DIFFERENCE BETN WDV AND
SELLING PRICE IS CAPITAL LOSS.
| Is This Answer Correct ? | 2 Yes | 0 No |
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