On April 2014, the depreciated value of a block of asset is Rs.80000 (rate of
depreciation being 12 %). It consists of Plants P & Q. The assessee being Mr. Ammar
purchased one more plant C (rate of depreciation being 12 %), during the previous
year 2014-15 for Rs.50000 and sells Plant P on April 5,2014 for Rs185000. Calculate
the amount of depreciation admissible for the assessment year 2015-16 and give
reasons for the computation done.