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Depreciation Calculator

Calculate WDV & Depreciation as per Companies Act and Income Tax Act instantly.

Asset Details

Asset Name

Asset Value ₹5,00,000

₹

Asset Class / Rate

Date of Purchase

WDV Over Time

As per Income Tax Act

Rate

40%

Depreciation

₹2,00,000

Closing WDV

₹3,00,000

As per Companies Act (SLM)

Useful Life

3 Yrs

Depreciation

₹1,58,333

Closing WDV

₹3,41,667

* Assumes 5% residual value. Calculated pro-rata for Year 1.