Depreciation Calculator


As per Section.32 of Income Tax Act 1961, Tangible and Intangible assets used for purpose of business is subject to depreciation at specified rates. An additional depreciation is also allowed to certain entities on certain tangible assets subject to fulfilment of some conditions. This calculator enables calculation of allowable depreciation as per Income Tax act on all block of assets in a single view.

Block of Assets Building Furniture &
Plant & Machinery Ships Intangible
Rates of Depreciation (in %) 5% 10% 40% 10% 15% 30% 40% 45% 20% 25%
Rates of Additional depreciation (in %) - - - -
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WDV at the beginning of the year (in Rs.)
Total addition of assets before 3rd Oct (in Rs.) *
New P&M installed in factory before 3rd Oct. (in Rs.) * - - - -
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Total addition of assets on or after 3rd Oct (in Rs.) *
New P&M installed in factory on or after 3rd Oct. (in Rs.) * - - - -
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Consideration on realization of assets(in Rs.)
IT depreciation for the year (in Rs.)
WDV at the end of the year (in Rs.)

* Consider 4th Oct instead of 3rd Oct in case of leap year

Advisory: Information relates to the law prevailing in the year of publication/ as indicated . Viewers are advised to ascertain the correct position/prevailing law before relying upon any document.

Disclaimer: The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all circumstances. It is advised that for filing of returns the exact calculation may be made as per the provisions contained in the relevant Acts, Rules etc