21/06/2006
Date :
Draft for HighTech Engineering Industries
Annexure Report
81, Mittal Towar, Nariman Point, Mumbai
I. EXISTING ASSETS
1. Land And Development
1. Plot
Year of Existence : 1
Amount : 650,000.00
2. Building and Civil Works
1. Factory Building
Year of Existence : 1
Amount : 1,150,000.00
Depreciation Rate : 10% Depreciation Rate(IT) : 10%
2. Administrative Building
Year of Existence : 1
Amount : 450,000.00
Depreciation Rate : 10% Depreciation Rate(IT) : 10%
3. Plant And Machinery
1. Lathes
Year of Existence : 1
Quantity : 3 Rate : 545,000.00 Gross Amount : 1,635,000.00
Amount : 1,635,000.00
Depreciation Rate : 20% Depreciation Rate(IT) : 20%
2. Milling M/c
Year of Existence : 1
Amount : 340,000.00
Depreciation Rate : 20% Depreciation Rate(IT) : 20%
Year of Re-Sale : 3
Sale Time : Second Half Year
3. Polishing M/c
Year of Existence : 1
Amount : 320,000.00
Depreciation Rate : 20% Depreciation Rate(IT) : 20%
4. Factory Accessaries and Tools
Year of Existence : 1
Amount : 350,000.00
Depreciation Rate : 20% Depreciation Rate(IT) : 20%
5. Drilling M/c
Year of Existence : 1
Amount : 210,800.00
Page No
1
Profin Plus
Annexure Report