$($A$)$ Keeping in view the LAS$-38,$ calculate the amount of amortization charges for each year:

The XCV Ltd$.$ has incurred Rs$.30,00,000$ on developing an intangible asset. The expected useful life of the asset is $5$ years with Rs$.100,000$ residual value. The expected pattern of benefits from intangible asset is below:

Year

$1$

$2$

$3$

$4$

$5$

Total

Benefit $($Rs$,$ in Millions$)$

$8-4$

$3$

$7$

$6$

$26$