Assets held for sale classification requires measurement at lower of carrying amount and fair value less costs to sell, with separate disclosure. Ind AS 105 requires non-current assets and disposal groups classified as held for sale to be measured at the lower of carrying amount and fair value less costs to sell, ceasing depreciation while classified as held for sale, and mandates separate balance sheet presentation and distinct reporting of discontinued operations. Classification demands immediate availability for sale and a highly probable sale within one year unless delays are beyond the entity's control; measurement applies to disposal groups as a whole with remeasurement of scoped-out assets under other Ind ASs. Impairment losses and subsequent gains are recognised subject to cumulative limits, and detailed presentation and disclosure requirements apply for held-for-sale assets and discontinued operations.