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Depreciation Calculator
Free Depreciation Calculator India
Depreciation Calculator — WDV & SLM Method
Calculate asset depreciation as per Income Tax Act (WDV method) or Companies Act (SLM method). Get year-by-year depreciation schedule.
Asset Details
Depreciation Method
WDV: Depreciation applies on the written-down value each year. Commonly used for income tax purposes.
₹
Depreciation Summary
Asset Cost
₹0
Method
WDV
Rate
0%
Year 1 Depreciation
₹0
Total Depreciation
₹0
Closing WDV
₹0
WDV vs SLM
WDV: Depreciation on reducing balance — higher in early years.SLM: Equal depreciation every year — simpler calculation.
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Try AccuRaik FreeYear-by-Year Depreciation Schedule
YrOpening WDVDepreciationTax Saving*Closing WDV
* Tax saving estimated at 30% tax rate (indicative only).
Depreciation Rates — Income Tax Act
| Asset Type | WDV Rate |
|---|---|
| Residential buildings | 5% |
| Non-residential buildings | 10% |
| Temporary wooden / bamboo structures | 40% |
| Furniture & fittings | 10% |
| General plant & machinery | 15% |
| Motor cars (not used in hire) | 30% |
| Computers & peripherals / software | 40% |
| Ships | 20% |
| Aircraft | 40% |
| Patents, trademarks, know-how, copyright | 25% |
| Energy-saving devices | 40% |
| Air pollution / water pollution control equipment | 100% |
Depreciation FAQ
What is the WDV method of depreciation?
WDV (Written Down Value) method calculates depreciation on the remaining book value of the asset each year. The depreciation amount is higher in the initial years and decreases over time. This method is mandatory for income tax purposes in India under the Income Tax Act, 1961.
What is the SLM method of depreciation?
SLM (Straight Line Method) calculates equal depreciation each year based on the original cost of the asset. It is simpler to calculate and is used under the Companies Act 2013 for financial reporting purposes.
Can a company use both WDV and SLM?
Yes. A company must use WDV for income tax purposes and may use either WDV or SLM for accounting purposes (Companies Act). However, consistency must be maintained once a method is chosen.
What is the depreciation rate for computers under Income Tax Act?
Computers, computer software, and peripherals attract 40% depreciation under the WDV method as per the Income Tax Act, 1961. This high rate reflects the rapid obsolescence of technology assets.
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