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Lakhpati Enterprises have imported 3 machines on 1 st June 2 0 2 2 for a total cost of Rs . 5 , 0 0
Lakhpati Enterprises have imported machines on st June for a total cost of Rs They also paid customs duty & freight Rs and incurred installation charges Rs Another indigenous machinery costing Rs was purchased on st November On st March one of the imported machines was sold for Rs having become obsolete. Another machinery was purchased to replace the same for Rs on the same date. Depreciati on rate as per Income Tax Rules is allowed at pa under WDV method. Calculate : Closing WDV on st March Total Depreciation for the year
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