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 Post subject: Fixed Asset Disposal in Income Tax Act
PostPosted: Thu May 10, 2012 1:29 pm 
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Joined: Tue Aug 30, 2011 9:10 am
Posts: 36
Country: India (in)
Hi All

i am facing the following issue while doing the disposal entry in the income tax depreciation book.

[b]Cancel all the Depreciation entries for the asset for the fiscal year before disposal.[/b]

With reference to the message, i have cancelled all the depreciation entries from the FA ledger entry.

Then again i try to Disposal the same fixed asset it is giving the Same message again.

Please guide me if anyone knows the solution for the same.

Thanks & Regards,
Sandeep Deshpande


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