Fixed Asset Depreciation Calculator (SLM & WDV)

🏗️ 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 & Fittings10%10%
Plant & Machinery (general)15%
Computers & Laptops40%
Motor Vehicles15%
Intangible Assets25%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.