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Depn Sale of fixed asset

By Jenish Prasad Chaudhary in 21 Feb 2023 | 08:24 pm
Jenish Prasad Chaudhary

Jenish Prasad Chaudhary

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Namaste sir jastai mero fixed asset xa computer 5 year dekhi depn vairaxa aba maile beche bsv 10000 xa csv pani 10000 mai beche maile sarkar lai vat kati tirnu prxa

21 Feb 2023 | 08:24 pm
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CA Gunjana Manandhar

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In case of VAT, VAT amount is calculated on taxable value which is sales value before VAT. so in your case irrespective of the book value, VAT will be calculated on Rs. 10000, considering it is the sales value in your question.


Book Value is used to calculate accounting profit on sale of fixed assets. However, as per income tax provision, sales value will be reduced from the pool value of corresponding Asset Pool (for computer - Pool B).   

22 Feb 2023 | 10:42 am
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Jenish Prasad Chaudhary

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Reply to CA Gunjana Manandhar

In case of VAT, VAT amount is calculated on taxable value which is sales value before VAT. so in your case irrespective of the book value, VAT will be calculated on Rs. 10000, considering it is the ...

mero fixed asset ko bsv 10000(taxable) xa maile 10000 (taxable) total 13000 ma beche maile aba monthly vat kati tirnu prxa sarkar lai?

22 Feb 2023 | 10:53 am
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Jenish Prasad Chaudhary

Jenish Prasad Chaudhary

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kei bujiyena mam

22 Feb 2023 | 11:07 am
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KBA Mod

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Are you clear on concept of VAT?

Ekpatak sales gareko goods lai monthly Vat tirnu parne hudaina hola. 

22 Feb 2023 | 07:05 pm
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