📉 Income Tax Act + Companies Act Rates
Depreciation Calculator
Calculate WDV and SLM depreciation for fixed assets as per Income Tax Act and Companies Act 2013.
Asset Details
Quick Select Asset Type (Income Tax Rates)
15%Furniture, Plant
40%Computers & IT
30%Vehicles (Gen.)
45%Vehicles (CV)
10%Buildings
5%Residential
60%Energy Saving
Custom %Enter below
Year 1 WDV Depreciation
₹0
Year 1 SLM Depreciation
₹0
WDV After Year 1
₹0
WDV Depreciation Schedule (Income Tax Act)
| Year | Opening WDV | Depreciation @15% | Closing WDV | Total Dep. Till Date |
|---|
⚠️ If asset purchased after 3rd October, half-year depreciation applies in the year of purchase under Income Tax Act.
SLM Depreciation Schedule (Companies Act)
| Year | Opening Value | Annual Depreciation | Closing Value | Accumulated Dep. |
|---|
WDV vs SLM — Which to use?
• WDV (Written Down Value) — Used for Income Tax Act. Higher depreciation in early years. More tax benefit initially.
• SLM (Straight Line Method) — Used for Companies Act. Equal depreciation each year. Simpler for accounting.
• Most businesses use WDV for IT returns and SLM for financial statements.