Archita itd. had a plant and machinery having
a W.D.V of Rs. 25 lakhs on 1-4-2019. During
the year, an additional machinery costing Rs.
10,00,000 was purchased on 31-8-2019. On
31-10-2019, fire had broken in the premises
of the company destroying a considerable
part of the plant and machinery. Insurance
company paid damages Rs. 12,50,000.
Calculate the amount of depreciation
chargeable to P&L A/C for the year ended
31st March 2020. Will it make any difference
if the entire block of plant destroyed? Plant
and Machinery is used in manufacturing
industry Rate of depreciation 15%
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its not an proper question and its tooo big
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