1. Pvt Ltd.Co. Closed business in the A.Y. 11-12. No Business Transaction.
2. Co. Not dissolved.
3. Claimed depreciation up to 31-03-2010- Long Term Asset.
4. Depreciation Not claimed in the year -31-03-2011
5. Sales Long Term Asset in A.Y. 2012-13
6. Whether Taxable u/s.112 of Income Tax Act, 1961
Pl. Guide.
Thanks,
AGRAWAL SITARAM C.