Depreciation Calculator

Companies Act Schedule II (useful-life based, SLM or WDV) with a year-wise schedule, and the Income-tax block-of-assets method with the half-rate rule for assets used under 180 days.

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Asset

Cost of asset (₹)

Useful life (years)

Residual value %

Method

Date put to use

First-year depreciation is pro-rated from this date to the year-end (31 March).

Depreciation

₹0

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Schedule

Computation aid. Schedule II prescribes useful lives (residual usually 5%); rates here are derived from the life and residual you enter — confirm against the Schedule and the company's technical assessment. The Income-tax block method applies the half-rate rule to assets used under 180 days and adjusts the whole block, not individual assets. Review before finalising.