Dep problem

pavan (Private) (220 Points)

25 May 2016  

Problems on dep.

RPS LTD furnishes the following details  in respect of block of assets (60% rate of dep.)

A )WDV on 1-4-2014 consisting of 5 machines RS 25,00,000

B)ASSET ACQUIRED DURING THE YEAR IS RS 10,50,000

COMPUTE WDV OR CAPITAL GAIN  OR LOSS IN FOLLOWNG CASES FOR P.Y 14-15

I)3 MACHINES HAVE BEEN SOLD DURING THE YEAR RS 20,50,000

II)Entire block sold during the year for RS 30,00,000

III) Entire block sold during the year for RS 45,00,000

 

PLS HELP ME IN THIS REGARD....