What is meant by Capital Loss

Answers were Sorted based on User's Feedback



What is meant by Capital Loss..

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.

Is This Answer Correct ?    2 Yes 0 No

What is meant by Capital Loss..

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

Post New Answer

More Accounting AllOther Interview Questions

Compute the sales tax amount on the following transactions: MRP rs 1000/- Sales Tax is 10% cess on sales tax is 5% Turnover tax is 1% on net turnover

1 Answers  


I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

1 Answers  


What is Quick Book ?

2 Answers   SVT,


capital goods excise duty why are taken in 50 percent in firt finicial year and second next finicial year?

2 Answers   PWC,


WHAT IS DIFFERENCE BETWEEN TDS AND TCS?

16 Answers   TCS,


Expand RTGS

4 Answers  


expand P R C

2 Answers  


Short Answer on _________Business

1 Answers  


What is the difference between absorption, amalgamation and liquidation of companies? And why realisation account is being prepared ?

2 Answers  


Expand--------ADCB

1 Answers  


Tell me about portpolio?

4 Answers  


What is the difference btwn "Sales" and "Turnvoer".

12 Answers  


Categories