Depreciation Calculator (Companies & Firms)

This tool will help you calculate depreciation both as per Income-tax Act, 1961 and also as per Companies Act, 2013 helpful for Firms and Companies to calculate the depreciation as per respective acts.

Depreciation Calculator (Companies & Income Tax Act)

Depreciation Calculator for Companies & Firms

Depreciation As Per:

Asset Block/Type:

Opening WDV (₹):

Additions During Year (₹):

Date of Addition:

Sale/Disposal During Year (₹):

All Assets in Block Sold/Disposed?

Asset Type:

Depreciation Method:

Original Cost of Asset (₹):

Residual Value (₹):

Useful Life (Years):

Years Already Used:

Date of Purchase/Addition:

Financial Year:

Disclaimer: This calculator is for educational purposes only. It implements:

Income Tax Act: Section 32 and Section 50 for depreciation and capital gains.
Companies Act: Schedule II for useful life method with residual value.

Please consult a professional for specific guidance.