Depreciation Calculator — IT Act & Companies Act
Compute depreciation instantly under the Income Tax Act (WDV / Block method, Sec 32) and the Companies Act 2013 (Straight-Line and Written-Down-Value methods under Schedule II). Enter your asset details once to see the result and year-wise schedule under all three methods, side by side.
Asset Details
Select the asset class — IT Act WDV rate and Companies Act useful life populate automatically below.
Original cost — used for Companies Act methods and as the IT Act addition.
Determines >=180 days (full rate) or <180 days (half rate) under the IT Act.
WDV of the block at the start of the FY; enter 0 or leave blank for a new asset.
Sale or insurance proceeds deducted from the IT Act block.
Default 5% of cost as per Schedule II; changeable by board resolution.
Enter only to override the standard IT Act schedule rate.
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