Schdule II

Description of Asset

I
Buildings [NESD]
Building (other than factory buildings) RCC Frame
Building (other than factory buildings) other than RCC Frame
Structure
Factory buildings
Fences, wells, tube wells
Other (including temporary structure, etc.)

TABLE
USE
LIFE

OF
FUL

60
30
30
5
3

II Bridges, culverts, bunkers, etc. [NESD]

30

III Roads [NESD]

Carpeted Roads - RCC
Carpeted Roads - other than RCC
Non-carpeted roads

10
5
3

IV Plant and Machinery

(a) General rate applicable to Plant and Machinery not
covered under Special Plant and Machinery
(i) Plant and Machinery other than continuous process plant not
covered under specific
(ii)
Continuous process plant for which no special rate has been
prescribed under (ii) below

15
8

(b) Special Plant and Machinery

(i)
Plant and Machinery related to production and
exhibition of Motion Picture Films
1. Cinematograph films - Machinery used in the production and
exhibition of cinematograph films, recording and reproducing
equipments, developing machines, printing machines, editing
machines, synchronizers and studio lights
2. Projecting equipment for exhibition of films
(ii)
Plant and Machinery used in glass
1. Plant and Machinery except direct fire glass melting furnaces Recuperative and regenerative glass melting furnaces
2
Plant and Machinery except direct fire glass melting furnaces Moulds [NESD]

13
13

13
8

Float Glass Melting Furnaces [NESD]

(iii)
Plant and Machinery used in mines and quarries Portable
underground machinery and earth moving machinery used in open
cast mining
(iv)
Plant
and
Machinery
used
in
Telecommunications [NESD]
1.Towers
2
Telecom transceivers, switching centres, transmission and
other network equipment
3
Telecom - Ducts, Cables and optical fibre
4
Satellites
(v)
Plant and Machinery used in exploration,
production and refining oil and gas [NESD]
1. Refineries
2
Oil and gas assets (including wells), processing plant and
facilities
3
Petrochemical Plant
4
Storage tanks and related equipment
5
Pipelines
6
Drilling Rig
7
Field operations (above ground) Portable boilers, drilling
tools, well-head tanks, etc.
8
Loggers

10

18
13
18
18

25
25
25
25
30
30
8
8

(vi)
Plant and Machinery used in generation,
transmission and distribution of power [NESD]
1.Thermal / Gas / Combined Cycle Power generation plant
2
Hydro Power Generation Plant
3
Nuclear Power Generation Plant

40
40
40

4
5
6
7
8

40
22
35
30
30

Transmission lines, cables and other network assets

Wind Power Generation Plant
Electric Distribution Plant
Gas Storage and Distribution Plant
Water Distribution Plant including pipelines

(vi)
Plant and Machinery used in generation,
transmission and distribution of power [NESD]
1
Sinter Plant
2
Blast Furnace

20
20

3
4
5

Coke Ovens
Rolling mill in steel plant
Basic Oxygen Furnace Converter

20
20
25

(viii) Plant and Machinery used in manufacture of non

ferrous metals
1. Metal pot line [NESD]
2
Bauxite crushing and grinding section
3
Digester Section [NESD]
4
Turbine [NESD]
5
Equipments for Calcinations [NESD]
6
Copper Smelter [NESD]
7
Roll Grinder
8
Soaking Pit
9
Annealing Furnace
10 Rolling Mills
11 Equipments for Scalping, Slitting, etc. [NSED]
12 Surface Miner, Ripper Dozer, etc. used in mines
13 Copper refining plant [NSED]
(ix)
Plant and Machinery used
surgical operations [NESD]

in

medical

40
40
40
40
40
40
40
30
30
30
30
25
25

and

1 Electrical Machinery, X-ray and electrotherapeutic apparatus

and accessories thereto, medical, diagnostic equipments, namely,
Cat-scan, Ultrasound Machines, ECG Monitors, etc.

13

15

Other Equipments used in medical and surgical operations

(x)
Plant and Machinery used in manufacture of
pharmaceuticals and chemicals [NESD]
1
Reactors
2
Distillation Columns
3
Drying equipments / Centrifuges and Decanters
4
Vessel / Storage tanks
(xi)
Plant and Machinery used in civil construction
1
Concreting, Crushing, Piling Equipments and Road Making
Equipments
2
Heavy Lift Equipments
- Cranes with capacity more than 100 tons
- Cranes with capacity less than 100 tons
3
Transmission line, Tunnelling Equipments [NESD]

20
20
20
20

12
20
15
10

4
Earth-moving equipments
5
Others including Material Handling / Pipeline / Welding
Equipments [NESD]

12

(xii)

15

Plant and Machinery used in salt works [NESD]

V
Furniture and fittings [NESD]
(a) General furniture and fittings
(b) Furniture and fittings used in hotels, restaurants and boarding
houses, schools, colleges and other education institutions, libraries,
welfare centres, meeting halls, cinema houses, theatres and
circuses and furniture and fittings let out on hire for used on
occasion of marriages and similar functions
VI Motor Vehicles [NESD]
(a) Motor cycles, scooters and other mopeds
(b) Motor buses, motor lorries, motor cars and motor taxies used in
a business of running them on hire
(c) Motor buses, motor lorries, motor cars and motor taxies other
than those used in a business of running them on
(d) Motor tractors, harvesting combines and heavy vehicles
(e) Electrically operated vehicles including battery powered
or fuel cell powered vehicles
VII Ships [NESD]
(a) Ocean-going ships
(i)
Bulk Carriers and liner vessels
(ii)
Crude tankers, product carriers and easy chemical
carriers with or without conventional
(iii)
Chemicals and Acid Carriers
1
With Stainless steel tanks
2
With other tanks
(iv)
Liquefied gas carriers
(v)
Conventional large passenger vessels which are used for
cruise purpose also
(vi)
Coastal service ships of all categories
(vii) Offshore supply and support vessels
(viii) Catamarans and other high speed passenger for ships or boats
(ix)
Drill ships
(x)
Hovercrafts
(xi)
Fishing vessels with wooden hull

10

10
6
8
8
8

25
20
25
20
30
30
30
20
20
25
15
10

(xii) Dredgers, tugs, barges, survey launches and other similar

ships used mainly for dredging
(b) Vessels ordinarily operating on inland waters
(i)
Speed boats
(ii)
Other vessels
VIII Aircrafts or Helicopters [NESD]

14
13
28
20

IX Railway siding, locomotives, rolling stocks,

tramways and railway used by concerns, excluding railway
15
X
XI

Ropeway structures [NESD]

Office equipments [NESD]

XII Computers and data processing units [NESD]

(a) Servers and networks
(b) End user devices, such as, desktops, laptops, etc.
XIII Laboratory equipment [NESD]
(a) General laboratory equipment
(b) Laboratory equipments used in education institutions

15
5

6
3

10

5
XIV Electrical Installations and Equipment [NESD]

10

XV

15

Hydraulic woks, pipelines and sluices [NESD]

Depreciation as per companies Act,2013- Method AS per S

Depreciation Working on SLM Basis on Plant & Machinery
Discription of Asset

Date
of Actual Cost of Accumulated
purchase
of asset
Depreciation
exsiting
31.03.2015
asset/date
of
new
asset
purchase

Existing Storage Room

Gonio Photo Meter

Temperature-Scanner-Qlt
Total

for F.Y. 2015-16 based on Principles laid down in Schedule II of Comp

01-Apr-11
04-Jun-12
07-Nov-12
26-Nov-12
02-Dec-12
26-Mar-15

Net Block as Useful

Residual
on 01/04/2015 life
in value 5% of
new
asset years
cost
purcahse
value
198,750
487,629
34,105
251,505
40,497
1,806

600,000
3,592,906
255,956
1,891,596
304,795
26,578
6,671,831

1,014,293

401,250
3,105,277
221,851
1,640,091
264,298
24,772

5,657,537.58

15
15
15
15
15
15

30,000
179,645
12,798
94,580
15,240
1,329

Depreciation Working on SLM Basis on Office Equipment for F.Y. 2015-16 based on Principles laid down in Schedule II of Compan
5,543
Projector
27-Apr-11
36,000
5
30,457
1,800
3,788
Camera
02-May-11
24,745
5
20,957
1,237
1,623
Camera
07-Jun-11
11,051
5
9,428
553
1,932
Nido Hand Pallet Truck
13-Aug-11
14,288
5
12,356
714
7,041
6 KVA UPS System
27-Jan-12
66,250
5
59,209
3,313
4,282
3KVA Home UPS & 150AH 12
05-Mar-12
43,463
5
39,181
2,173
1,832
Luminous 150ah 12v It50030-Jun-12
22,000
5
20,168
1,100
1,681
Plustek S400 Scanner
30-Oct-12
24,938
5
23,257
1,247
1,838
Inverter for Delhi W/h
08-Aug-12
23,500
5
21,662
1,175
30-Apr-14
226,710
5
scaffording Tower
226,710
11,336
6,400
5
Micro tek 1550va home UPS- 28-Apr-14
6,400
320
Total

499,345

Source- www.taxguru.in

29,560

469,785

Depreciation Working on SLM Basis on Computers (Desktops and Laptops) for F.Y. 2015-16 based on Principles laid down in Sch
Computers
08-Jul-14
49,000
3
49,000
2,450
20-Jul-14
39,000
3
39,000
1,950
25-Jul-14
49,000
3
49,000
2,450
05-May-14
44,500
3
44,500
2,225
10-Apr-14
53,500
3
53,500
2,675
12-Mar-15
73,500
3
73,500
3,675
02-Feb-15
59,220
3
59,220
2,961
12-Feb-15
249,480
3
249,480
12,474
21-Feb-15
20,790
3
20,790
1,040
23-Feb-15
59,220
3
59,220
2,961
11-Mar-15
41,580
3
41,580
2,079
18-Mar-15
130,200
3
130,200
6,510
04-Nov-14
22,050
3
22,050
1,103
Total

891,040

Depreciation Working on SLM Basis on Furniture & Fittings

19-Feb-11
19-Feb-11
19-Feb-11
19-Feb-11
19-Feb-11
19-Feb-11
19-Feb-11
19-Feb-11
09-Feb-11
09-Feb-11
09-Feb-11
09-Feb-11
09-Feb-11

375,004
82,946
285,257
137,834
72,377
17,252
9,137
7,264
23,722
96,825
28,197
16,399
8,197

891,040

for F.Y. 2015-16 based on Principles laid down in Schedule II of Com

121,917
10
253,087
18,750
26,967
10
55,979
4,147
92,739
10
192,518
14,263
44,811
10
93,024
6,892
23,531
10
48,846
3,619
5,609
10
11,643
863
2,971
10
6,166
457
2,361
10
4,903
363
7,761
10
15,961
1,186
31,675
10
65,150
4,841
9,225
10
18,972
1,410
5,365
10
11,034
820
3,375
10
4,822
410

Source- www.taxguru.in

Total

09-Feb-11
09-Feb-11
09-Feb-11
09-Feb-11
08-Jun-11
30-Jan-12
22-Feb-12
29-Feb-12
07-Mar-12
26-Jun-12
27-Jun-12
20-Aug-12
21-Jan-13
22-Apr-14
16-Mar-15

19,118
33,936
8,200
2,040
84,474
150,372
25,313
211,658
1,118,216
47,840
68,500
76,810
48,150
15,450
23,500

01-Apr-09

3,116,191
6,210,179

6,254
11,101
2,682
668
25,603
38,545
6,375
53,014
278,548
10,886
15,574
16,663
9,025
1,822
2,493
1,570,162
2,427,720

Source- www.taxguru.in

12,864
22,835
5,518
1,372
58,871
111,827
18,938
158,644
839,668
36,954
52,926
60,147
39,125
13,628
21,007
1,546,029

3,782,459

10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10

956
1,697
410
102
4,224
7,519
1,266
10,583
55,911
2,392
3,425
3,841
2,408
773
1,175
155,810

3/31/2015

3/31/2016

- Method AS per SLM-

n Schedule II of Companies Act, 2013

Already
Balance
expired
years
useful life as
on 31/03/15

4
3
2
2
2
-

Asset
used Depreciation
during
the rate
year ( In days

11
12
13
13
13
15

365
365
365
365
365
365

337.50
2,402.37
165.84
1,221.02
196.51
15.63

365
365
365
365
365
365
365
365
365
365
365

267.52
181.76
74.99
85.15
306.34
191.87
84.77
85.19
86.95
430.75
12.16

Depreciation
Amount

33,750
240,237
16,584
122,102
19,651
1,563

Net block

367,500
2,865,039
205,266
1,517,988
244,647
23,209

433,888

5,223,650

26,752
18,176
7,499
8,515
30,634
19,187
8,477
8,519
8,695
43,075
1,216

3,706
2,781
1,929
3,841
28,575
19,994
11,691
14,738
12,967
183,635
5,184

chedule II of Companies Act, 2013

4
4
4
4
3
3
3
2
3
-

1
1
1
1
2
2
2
3
2
5
5

180,746

Source- www.taxguru.in

289,039

ples laid down in Schedule II of Companies Act, 2013

-

3
3
3
3
3
3
3
3
3
3
3
3
3

365
365
365
365
365
365
365
365
365
365
365
365
365

155.17
123.50
155.17
140.92
169.42
232.75
187.53
790.02
65.84
187.53
131.67
412.30
69.83

365
365
365
365
365
365
365
365
365
365
365
365
365

398.01
88.03
302.76
146.29
76.82
18.31
9.70
7.71
25.21
102.91
29.97
17.43
7.53

15,517
12,350
15,517
14,092
16,942
23,275
18,753
79,002
6,584
18,753
13,167
41,230
6,983

33,483
26,650
33,483
30,408
36,558
50,225
40,467
170,478
14,207
40,467
28,413
88,970
15,068

282,163

608,877

39,801
8,803
30,276
14,629
7,682
1,831
970
771
2,521
10,291
2,997
1,743
753

213,286
47,176
162,242
78,394
41,164
9,812
5,196
4,132
13,440
54,859
15,975
9,291
4,069

in Schedule II of Companies Act, 2013

4
4
4
4
4
4
4
4
4
4
4
4
4

6
6
6
6
6
6
6
6
6
6
6
6
6

Source- www.taxguru.in

4
4
4
4
4
3
3
3
3
3
3
3
2
6

6
6
6
6
6
7
7
7
7
7
7
7
8
10
10
4

365
365
365
365
365
365
365
365
365
365
365
365
365
365
365
365

20.32
36.07
8.72
2.17
88.34
152.66
25.63
214.11
1,130.27
47.75
68.36
76.20
47.01
12.86
19.83
3,475.55

2,032
3,607
872
217
8,834
15,266
2,563
21,411
113,027
4,775
6,836
7,620
4,701
1,286
1,983
347,555

665,652

Source- www.taxguru.in

10,832
19,228
4,646
1,155
50,037
96,561
16,375
137,233
726,641
32,179
46,090
52,527
34,424
12,342
19,024
1,198,474
3,116,807

Sr. No.

Class of Asset

Cost of Purchase

Accumulated
Carrying Amount
Depreciation upto (Opening WDV as
31.03.2015
on 01.04.2015

Plant &
1 Machinery

6,671,831

1,014,293

5,657,538

Furniture &
Fittings
2 (General)

6,210,179

2,427,720

3,782,459

Office
3 Equipment

499,345

29,560

469,785

Computers
4 (Desktops)

891,040

Total

14,272,395

3,471,573

891,040
10,800,821

Additon
after
(1/4/2014)

Depreciation
Amount
for F.Y. 2014-15

Carrying
amount as on
01.04.2015

Amount to
be retained
earnings

433,888

5,223,650

665,652

3,116,807

180,746

289,039

282,163

608,877

1,562,448

9,238,374