This question was asked in Depreciation as per Income Tax Assignment
on 1st April 2009 Atul glass limited purchase a machine for 90000 and spend rupees 6000 on it carries and 4000 on its directions on the date of purchase it was estimated that effective life of the machine will be 10 years and after 10 years it scrap value will be rupees will be 20000 repar machinery account and depreciation account for four years after providing depreciation on fixed installment method account are closed on 31st march everyday

suthar ding's image