Capital Loss is

Anurag Pathak
April 9, 2023
Macro Economics (Class 12th), National Income and related aggregates

901 viewsApril 9, 2023Macro Economics (Class 12th)National Income and related aggregates

Anurag Pathak28.30K April 9, 2023 0 Comments

Capital Loss is

a) Normal wear and tear of fixed capital goods

b) Foreseen Obsolescence

c) Unforeseen Obsolescence

d) All the above

Anurag Pathak Changed status to publish April 9, 2023

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Anurag Pathak28.30K Posted April 9, 2023 0 Comments

Ans – c)

If the value of an asset falls due to unforeseen obsolescence, natural calamities like floods, earthquakes, etc., or due to thefts, etc. it is called a capital loss.

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