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Illustration: A B C D E B-D F B 5% G

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Illustration

Year of
Acquisition
of asset

Original
Cost /
Historical
Value

Deprn
31/03/2014 Net
Car Residual V Useful
No of
@
rying
alue
life
yrs used
6.33% (Sc Amount
5%
as per
as on
has
on
of
c Companies
31/03/2014
XIV
C 31/03/2014
ost
Act 2013
A-1956)

E= B-D

F = B*5%

*2002-03

10000

11

6963

3037

500

10

*2003-04

10000

10

6330

3670

500

10

**2004-05

10000

5697

4303

500

10

**2005-06

10000

5064

4936

500

10

Amount to
Remaining be charged
Depreciation
Useful
from
to be
life
Opening
provided for
as on
retain
2014-15
31/03/2014 earnings on
01/04/2014

I = E-F

J = (E-F) /H

2537

3170

3803

2218

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