TaxTMI 
TaxTMI 
I had purchased new commercial Vehicle (Pickup Tempo) in 2008 I sold out it 6th March, 2014, pl. tell me that I how much profit I earned from transaction after deducting appropriated depreciation
Sharad Utekar.
profit on sale of Commercial vehicle
16 Apr 2014 
1 Reply 
2149 Views Asked by
Profit on sale of commercial vehicle: calculation after deducting depreciation queried, taxpayer seeks guidance on taxable gain.
Computation of profit on sale of a commercial vehicle where the taxpayer purchased a new pickup tempo in 2008 and sold it in 2014, seeking the amount of profit after deducting appropriated depreciation. (AI Summary)
Computation of profit on sale of a commercial vehicle where the taxpayer purchased a new pickup tempo in 2008 and sold it in 2014, seeking the amount of profit after deducting appropriated depreciation. (AI Summary)
