request you to inform us about the procedure of writing off the values of old useless fixed assets as shown on our Balance Sheet.
The suggestion is to dispose such assets if it has value or sell as scrap. The difference between the realized value i.e. cash which is recorded in books and net block for such assets will be recognized as gain or loss as the case maybe due to such disposal. The asset will be removed from the FA schedule. Please check for any donor restriction which may require permission.
Hope it clarifies
CS Sharad Bhargava