Plant and Machinery loss on disposalForums › ACCA Forums › ACCA TX Taxation Forums › Plant and Machinery loss on disposalThis topic has 0 replies, 1 voice, and was last updated 4 years ago by Jivesh Seeam.Viewing 1 post (of 1 total)AuthorPosts December 12, 2019 at 5:42 pm #555802 Jivesh SeeamMemberTopics: 19Replies: 6☆Dear SirWhen plant & Machinery is sold at a profit, a capital gain arises. But when sold at a loss why is the loss not allowable? How does it get relief through capital allowances?AuthorPostsViewing 1 post (of 1 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In