🏗️ Fixed Asset Depreciation (SLM & WDV)
English: Generates year-wise fixed asset depreciation schedules comparing Straight Line Method (SLM) vs Written Down Value (WDV). Real-Life Example: Purchasing machinery worth ₹10L with 10-year useful life compares SLM depreciation (₹1L/yr) against WDV depreciation over time.
हिंदी: मशीनरी या संपत्ति पर लगने वाली घिसावट (Depreciation) की साल-दर-साल गणना (SLM बनाम WDV विधि) करता है। व्यावहारिक उदाहरण: ₹10 लाख की मशीन खरीदी गई; 5 साल बाद WDV मेथड के हिसाब से उसकी किताबों में वैल्यू कितनी बचेगी, यह उसकी पूरी टेबल बनाकर देता है।
Year-Wise Depreciation Schedule Comparison
| Year | SLM Dep (₹) | SLM Book Value (₹) | WDV Dep (₹) | WDV Book Value (₹) |
|---|
📖 Tool Guide & Related Resources
What is Fixed Asset Depreciation (SLM & WDV)?
English: Generates year-wise fixed asset depreciation schedules comparing Straight Line Method (SLM) vs Written Down Value (WDV). Real-Life Example: Purchasing machinery worth ₹10L with 10-year useful life compares SLM depreciation (₹1L/yr) against WDV depreciation over time.
हिंदी: मशीनरी या संपत्ति पर लगने वाली घिसावट (Depreciation) की साल-दर-साल गणना (SLM बनाम WDV विधि) करता है। व्यावहारिक उदाहरण: ₹10 लाख की मशीन खरीदी गई; 5 साल बाद WDV मेथड के हिसाब से उसकी किताबों में वैल्यू कितनी बचेगी, यह उसकी पूरी टेबल बनाकर देता है।
Depreciation Rates under Income Tax Act
| Asset Type | SLM Rate | WDV Rate |
|---|---|---|
| Buildings (residential) | 5% | 10% |
| Buildings (non-residential) | 10% | 10% |
| Furniture & Fittings | 10% | 10% |
| Plant & Machinery (general) | — | 15% |
| Computers & Laptops | — | 40% |
| Motor Vehicles | — | 15% |
| Intangible Assets | 25% | 25% |
Note: Rates as per Income Tax Act, 1961. Companies Act rates may differ.
❓ Frequently Asked Questions
Is Fixed Asset Depreciation (SLM & WDV) free to use?
Yes, this utility by CA Piyush Gupta Sir is 100% free with unlimited usage.
Is my financial data safe?
100% safe. All calculations run strictly in your web browser. No data is sent to any external server.
Can I use this tool offline?
Yes, once open, the web page operates completely offline without needing an active internet connection.