Assignment No.

2
Compute the Depreciation, Additional Depreciation and Investment
Allowance for the A.Y. 2015-16 and 2016-17 from the following information :
Sl.
No
1.

2.
3.

Particulars
Purchase of second hand machinery (15% block) on
18.06.2014 for business purposes (the machinery
was put to use immediately)
Purchase
new
computers
(60%
block)
on
09.11.2014 for office
Acquired and installed new plant & machinery (15%
block) on 31.08.2014 (Rs. 60 crores) and on
31.10.2014 (Rs. 30 crores)

4.

Amount (in
Crores)
13.00

0.60
90.00
0.20

New Air Conditioner purchased and installed in

office premises on 31.07.2014
5.
6.

20.00
Acquired and installed new plant & machinery (15%
block) on 01.04.2015

CA Pinky AgarwalPage 1