Depreciation Calculator

Calculate asset depreciation using Straight-Line Method (SLM) or Written Down Value (WDV)

Asset Details

Asset Cost (₹)

₹

₹5,00,000

Salvage Value (₹)

₹

₹50,000

Useful Life (Years)

10 years

Depreciation Method

Asset Category

Depreciation Summary

Enter asset details to calculate depreciation

Year-by-Year Depreciation Schedule

Year	Opening Value	Depreciation	Accumulated Depreciation	Closing Book Value

About Depreciation

Straight-Line Method (SLM)

Formula: (Asset Cost - Salvage Value) ÷ Useful Life

Equal depreciation each year
Simple calculation
Ideal for assets with consistent usage

Written Down Value (WDV)

Formula: Book Value × Depreciation Rate

Higher depreciation in early years
Reduces over time
Common for tax purposes in India

Common Depreciation Rates

Buildings: 10-15%
Plant & Machinery: 15-25%
Computers/IT: 40%
Vehicles: 15-20%

Tax Implications

Depreciation is a non-cash expense that reduces taxable income. Indian Income Tax Act specifies different rates for different asset classes. Proper depreciation calculation is crucial for accurate tax filing.