The WDV of the block of asset of plant & machinery depreciated @ 1596 as of 1st April 2020 was of ₹ 13,50,000. Out of this block, one machine was sold on 1st July 2020 for ₹ 4,50,000 and a new machine of ₹ 7,50,000 was purchased on 1st August 2020 which could be put to use from 1st March 2021. The amount of depreciation to be claimed on the block of plant & machinery in the computation of income for A.Y. 2021-22 shall be :

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Question:The WDV of the block of asset of plant & machinery depreciated @ 1596 as of 1st April 2020 was of ₹ 13,50,000. Out of this block, one machine was sold on 1st July 2020 for ₹ 4,50,000 and a new machine of ₹ 7,50,000 was purchased on 1st August 2020 which could be put to use from 1st March 2021. The amount of depreciation to be claimed on the block of plant & machinery in the computation of income for A.Y. 2021-22 shall be :

1. ₹ 1,35,000

2. ₹ 2,47,500

3.₹ 1,91,250

4. ₹ 2,53,125

Posted by R4R Team
  1. The WDV of the block of asset of plant & machinery depreciated @ 1596 as of 1st April 2020 was of ₹ 13,50,000. Out of this block, one machine was sold on 1st July 2020 for ₹ 4,50,000 and a new machine of ₹ 7,50,000 was purchased on 1st August 2020 which could be put to use from 1st March 2021. The amount of depreciation to be claimed on the block of plant & machinery in the computation of income for A.Y. 2021-22 shall be :
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