M/S _________________

INCOME TAX ASSESSMENT YEAR 2015 - 16

ACCOUNTING YEAR 01-04-2014 TO 31-03-2015.
DETAILS OF DEPRECIATION ON FIXED ASSETS AS ON 31-3-2015 UNDER COMPANIES ACT 2013.
As per WDV Method

Asset

Date Of
Purchase Of
New / Exsisting
Asset

Original Cost

WDV as on

Addition

Estimated
Balance days
useful life
of Assets per
as per
Remaning life
schedule II
as on
(in years)

3/31/2014
Plant & Machinery
OFFICE EQUIPMENT
ELECTRICAL FITTINGS
FURNITURE & FIXTURE
MOTOR CAR
COMPUTER
Plant & Machinery
OFFICE EQUIPMENT
ELECTRICAL FITTINGS
FURNITURE & FIXTURE
MOTOR CAR
COMPUTER

Days used in
year

Rate of Dep.

Dep. Amount

3/31/2014

Net block

3/31/2015

1-Apr-10
1-Apr-11

1,250,000
500,000

686,931
319,028

15
5

4015
730

365
365

19.58%
72.01%

134,505
229,721

552,426
89,307

1-Apr-12
1-Apr-13

300,000
200,000

201,350
163,899

10
10

2921
3286

365
365

27.71%
26.70%

55,798
43,765

145,552
120,134

1-Apr-12
1-Apr-13

100,000
50,000

54,975
20,082

10
3

2921
731

365
365

25.89%
64.67%

14,231
12,987

40,744
7,095

1-Apr-14
1-Jul-14
1-Jan-15

1,250,000
500,000
300,000

15
5
10

5475
1825
3650

364
273
89

18.10%
45.07%
25.89%

225,675
168,557
18,936

1,024,325
331,443
281,064

1-Oct-14
1-Sep-14

200,000
100,000

10
10

3650
3650

181
211

25.89%
25.89%

25,674
14,965

174,326
85,035

50,000

1095

58

63.16%

1-Feb-15

TOTAL

2,400,000

1,446,265

2,400,000

5,018

44,982

491,007

955,258

As per SLM Method

Asset

Date Of
Purchase Of
New / Exsisting
Asset

Original Cost

WDV as on

Addition

Estimated
Balance days
useful life
of Assets per
as per
Remaning life
schedule II
as on
(in years)

3/31/2014
Plant & Machinery
OFFICE EQUIPMENT
ELECTRICAL FITTINGS
FURNITURE & FIXTURE
MOTOR CAR
COMPUTER
Plant & Machinery
OFFICE EQUIPMENT
ELECTRICAL FITTINGS
FURNITURE & FIXTURE
MOTOR CAR
COMPUTER

TOTAL

Days used in
year

Rate of Dep.

Dep. Amount

3/31/2014

Net block

3/31/2015

1-Apr-10

1,250,000

1,029,033

15

4014

365

8.54%

87,889

941,144

1-Apr-11
1-Apr-12

500,000
300,000

410,934
259,134

5
10

729
2920

365
365

47.02%
11.78%

193,231
30,517

217,703
228,617

1-Apr-13
1-Apr-12

200,000
100,000

187,375
81,926

10
10

3285
2920

365
365

10.52%
11.74%

19,708
9,616

167,667
72,310

1-Apr-13
1-Apr-14

50,000

41,917
-

1,250,000

3
15

730
5475

365
364

47.02%
6.33%

19,709
78,950

22,208
1,171,050

1-Jul-14
1-Jan-15

500,000
300,000

5
10

1825
3650

273
89

19.00%
9.50%

71,055
6,949

428,945
293,051

1-Oct-14
1-Sep-14

200,000
100,000

10
10

3650
3650

181
211

9.50%
9.50%

9,422
5,492

190,578
94,508

50,000

1095

58

31.67%

1-Feb-15

2,400,000

2,010,318

2,400,000

Navin Agicha
agicha.navin@gmail.com
www.simpletaxindia.net

2,516

47,484

535,054

3,875,264

PART C OF SCHEDULE II OF COMPANIES ACT 2013

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.)
II Bridges, culverts, bunkers, etc. [NESD]
III Roads [NESD]
Carpeted Roads - RCC
Carpeted Roads - other than RCC
Non-carpeted roads
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
(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]
3 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
3
4
5
6

Oil and gas assets (including wells), processing plant and facilities
Petrochemical Plant
Storage tanks and related equipment
Pipelines
Drilling Rig

7
8

Field operations (above ground) Portable boilers, drilling tools, well-head tanks, etc.
Loggers

(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
4 Transmission lines, cables and other network assets
5 Wind Power Generation Plant
6 Electric Distribution Plant
7 Gas Storage and Distribution Plant
8 Water Distribution Plant including pipelines

(vi)

Plant and Machinery used in generation, transmission and distribution of power [NESD]
Sinter Plant
Blast Furnace
Coke Ovens
Rolling mill in steel plant
Basic Oxygen Furnace Converter

1
2
3
4
5

(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 in medical and surgical operations [NESD]

1 Electrical Machinery, X-ray and electrotherapeutic apparatus and accessories thereto, medical,
diagnostic equipments, namely, Cat-scan, Ultrasound Machines, ECG Monitors, etc.
2 Other Equipments used in medical and surgical operations

(x)
1
2
3
4
(xi)

Plant and Machinery used in manufacture of pharmaceuticals and chemicals [NESD]

Reactors
Distillation Columns
Drying equipments / Centrifuges and Decanters
Vessel / Storage tanks
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]
4 Earth-moving equipments
5
(xii)
V

Others including Material Handling / Pipeline / Welding Equipments [NESD]

Plant and Machinery used in salt works [NESD]

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)
(vi)
(vii)
(viii)
(ix)
(x)
(xi)

Conventional large passenger vessels which are used for cruise purpose also
Coastal service ships of all categories
Offshore supply and support vessels
Catamarans and other high speed passenger for ships or boats
Drill ships
Hovercrafts
Fishing vessels with wooden hull

(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]
IX Railway siding, locomotives, rolling stocks, tramways and railway used by concerns,
excluding railway
X

Ropeway structures [NESD]

XI

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

XIV Electrical Installations and Equipment [NESD]

XV Hydraulic woks, pipelines and sluices [NESD]

USEFUL LIFE OF WDV RATE

ASSETS

SLM RATE
Navin Agicha
agicha.navin@gmail.com
www.simpletaxindia.net

60
30
30
5
3

4.87%
9.50%
9.50%
45.07%
63.16%

1.58%
3.17%
3.17%
19.00%
31.67%

30

9.50%

3.17%

10
5
3

25.89%
45.07%
63.16%

9.50%
19.00%
31.67%

15

18.10%

6.33%

31.23%

11.88%

13
13

20.58%
20.58%

7.31%
7.31%

13

20.58%

7.31%

8
10

31.23%
25.89%

11.88%
9.50%

31.23%

11.88%

18

15.33%

5.28%

13
18
18

20.58%
15.33%
15.33%

7.31%
5.28%
5.28%

25

11.29%

3.80%

25
25
25
30
30

11.29%
11.29%
11.29%
9.50%
9.50%

3.80%
3.80%
3.80%
3.17%
3.17%

8
8

31.23%
31.23%

11.88%
11.88%

40
40
40
40
22
35
30
30

7.22%
7.22%
7.22%
7.22%
12.73%
8.20%
9.50%
9.50%

2.38%
2.38%
2.38%
2.38%
4.32%
2.71%
3.17%
3.17%

20
20
20
20
25

13.91%
13.91%
13.91%
13.91%
11.29%

4.75%
4.75%
4.75%
4.75%
3.80%

40
40
40
40
40
40
40
30
30

7.22%
7.22%
7.22%
7.22%
7.22%
7.22%
7.22%
9.50%
9.50%

2.38%
2.38%
2.38%
2.38%
2.38%
2.38%
2.38%
3.17%
3.17%

30
30
25
25

9.50%
9.50%
11.29%
11.29%

3.17%
3.17%
3.80%
3.80%

13
15

20.58%
18.10%

7.31%
6.33%

20
20
20
20

13.91%
13.91%
13.91%
13.91%

4.75%
4.75%
4.75%
4.75%

12

22.09%

7.92%

20
15
10
9

13.91%
18.10%
25.89%
28.31%

4.75%
6.33%
9.50%
10.56%

12

22.09%

7.92%

15

18.10%

6.33%

10

25.89%

9.50%

31.23%

11.88%

10

25.89%

9.50%

39.30%

15.83%

8
8

31.23%
31.23%

11.88%
11.88%

31.23%

11.88%

25

11.29%

3.80%

20

13.91%

4.75%

25
20
30

11.29%
13.91%
9.50%

3.80%
4.75%
3.17%

30
30
20
20
25
15
10

9.50%
9.50%
13.91%
13.91%
11.29%
18.10%
25.89%

3.17%
3.17%
4.75%
4.75%
3.80%
6.33%
9.50%

14

19.26%

6.79%

13
28

20.58%
10.15%

7.31%
3.39%

20

13.91%

4.75%

15

18.10%

6.33%

15

18.10%

6.33%

45.07%

19.00%

6
3

39.30%
63.16%

15.83%
31.67%

10

25.89%

9.50%

45.07%

19.00%

10

25.89%

9.50%

15

18.10%

6.33%

avin Agicha
gicha.navin@gmail.com
www.simpletaxindia.net

Navin Agicha <agicha.navin@gmail.com>