Illustration-Sec. 50-Transfer of Part of the Assets within the Block - N 08 Singhania & Co. own six machines, put into use for business in March, 2021. The depreciation on these machines is charged at 15%. The Written Down Value of these machines at the end of the previous year relevant to Assessment Year 2021-2022 was 8,50,000. A new Plant was bought for 8,50,000 on 30th November, 2021. Three of the old machines were sold on 10th June 2021 for 11,00,000. (a) Determine the claim of Depreciation for Assessment Year 2022-2023. (b) Compute the Capital Gains liable to Tax for Assessment Year 2022-2023. (c) If Singhania & Co. had sold the three machines in June, 2021 for 21,00,000, will there be any difference in your above workings? Explain