1. Rajshree Ltd Case. 2/7/2011
Project Life 5 Years
Units manufacture Per Year 150000
Sale Price 118 17700000
Contribution to Sale ratio 1st year 64 % 11328000
Fixed Cost excluding depreciation 2328000 per annum
Initial Insvestment 18000000
Rate of Depreciation 15 %
Dep. 1st year 2700000
Dep. 2nd year 2295000
Dep. 3rd Year 1950750
Dep. 4th Year 1658138
Dep. 5th Year 1409417
Depreciated Value after 5 years 7986696
Salvage Value of the plant and M/c 30 % 5400000
Tax Rate 0.3
1st year 2nd year 3rd Year 4th Year 5th Year
PBT 6300000 6705000 7049250 7341863 7590583
Tax 1890000 2011500 2114775 2202559 2277175
PAT 4410000 4693500 4934475 5139304 5313408
PAT +Dep (Cash Flow) 7110000 6988500 6885225 6797441 6722825
PV 6236842 5377424 4647331 4024631 3491625
NPV 8985369
lacs
Sales Proceed (slavage Value) 180*.3 54 2804591
Less WDV for 5 years 79.86
Short Term Capital loss -25.86
Tax Advantage 7.758 402926.2

2. Rajshree Ltd Case. 2/7/2011
Project Life 5 Years
Units manufacture Per Year 150000
Sale Price 112.1 16815000
Contribution to Sale ratio 1st year 64 % 10761600
Fixed Cost excluding depreciation 2328000 per annum
Initial Insvestment 18000000
Rate of Depreciation 15 %
Dep. 1st year 2700000
Dep. 2nd year 2295000
Dep. 3rd Year 1950750
Dep. 4th Year 1658138
Dep. 5th Year 1409417
Depreciated Value after 5 years 7986696
Salvage Value of the plant and M/c 30 % 5400000
Tax Rate 0.3
1st year 2nd year 3rd Year 4th Year 5th Year
PBT 5733600 6138600 6482850 6775463 7024183
Tax 1720080 1841580 1944855 2032639 2107255
PAT 4013520 4297020 4537995 4742824 4916928
PAT +Dep (Cash Flow) 6713520 6592020 6488745 6400961 6326345
PV 5889053 5072345 4379718 3789883 3285705
NPV 7624221
lacs
Sales Proceed (slavage Value) 180*.3 54 2804591
Less WDV for 5 years 79.86
Short Term Capital loss -25.86
Tax Advantage 7.758 402926.2

3. Rajshree Ltd Case. 2/7/2011
Project Life 5 Years
Units manufacture Per Year 150000
Sale Price 118 17700000
Contribution to Sale ratio 1st year 64 % 11328000
Fixed Cost excluding depreciation 2328000 per annum
Initial Insvestment 19980000
Rate of Depreciation 15 %
Dep. 1st year 2997000
Dep. 2nd year 2547450
Dep. 3rd Year 2165333
Dep. 4th Year 1840533
Dep. 5th Year 1564453
Depreciated Value after 5 years 8865232
Salvage Value of the plant and M/c 30 % 5994000
Tax Rate 0.3
1st year 2nd year 3rd Year 4th Year 5th Year
PBT 6003000 6452550 6834668 7159467 7435547
Tax 1800900 1935765 2050400 2147840 2230664
PAT 4202100 4516785 4784267 5011627 5204883
PAT +Dep (Cash Flow) 7199100 7064235 6949600 6852160 6769336
PV 6315000 5435699 4690782 4057029 3515781
NPV 7594719
lacs
Sales Proceed (slavage Value) 59.94 3113096
Less WDV for 5 years 88.65
Short Term Capital loss -28.71
Tax Advantage 8.613 447332.2