M. value 5% 1 2 3 4 5 6 7 1950 51 16.30 16.30 3.36 54.77 0.81 53.96 1951 52 1.43 1.43 1.87 2.67 0.07 2.60 1952 53 2.18 2.18 1.47 3.21 0.11 3.10 1953 54 1.12 1.12 2.28 2.55 0.06 2.49 1954 55 3.71 3.71 1.96 6.90 0.19 6.71 1955.56 6.93 6.93 2.18 15.11 0.35 14.76 1956.57 13.11 13.11 2.35 30.80 0.66 30.14 1957 58 3.39 3.39 1 3.39 0.17 3.22 1958 59 12.95 12.95 1 12.95 0.65 12.30 1959 60 30.76 30.76 1 30.76 1.54 29.22 802(b) Deductions Balance Divisor Annual Require ment 8 9 10 11 53.96 8 6.75 2.60 9 0.29 3.10 10 0.31 2.49 11 0.23 6.71 12 0.56 14.76 13 1.14 30.14 14 2.15 3.22 15 0.21 12.30 15 0.82 29.22 15 1.95 802(c) TOTAL ANNUAL, REQUIREMENT FOR OLD) AND NEW MACHINERY Old New Total 1957 58. 9.57 11.64 21.21 1958 59. (additional) 0.82 22.03 1959 60. . (additional) 1.95 23.98 803(a) Years Machinery Building Total 1957 58 21.21 0.72 21.93 1958 59 22.03 0.77 22.80 1959 60 23.98 0.82 24.80 803(b) (Figures in lacs) National Normal Depre Balance to be provided ciation allowed during out of profits the year to be deducted 9.10 12.83 9.00 13.80 10.83 13.97 803(c) Detailed Calculations of available surplus for the three bonus years (Figures in lacs) 1957 58 1958 59 1959 60 Gross Profits 28.34 25.36 34.92 Less Notional Normlal Depreciation 9.10 9.00 10.83 19.24 16.36 24.09 Less Income tax 8.18 7.48 7.31 11.06 8.88 16.78 Less Wealth Tax 0.28 0.29 . 10.78 8.59 16.78 Less return on paid up capital 3.60 3.60 4.35 7.18 4.99 12.43 Less additional provision for rehabilitation for plant, machinery and buildings 12.8313 8013.97 vailable Surplus Nil Nil Nil 804 The, Chartst showing calculations of available surplus for the A three bonus years show that in all these years no surplus remains available for distribution of bonus after making provision for rehabilitation.