Depreciation Calculator based on Companies Act 2013

This calculator helps you to calculate the depreciation for your assets based on the Companies Act 2013.

Enter the details of the asset and the cost of purchase to get the depreciation details.

Click to know more
Depreciation Calculator based on Companies Act 2013

Select Method of Depreciation calculation

Depreciation Calculator based on Companies Act 2013

  1. Depreciation is allowed under Companies Act on the basis of useful life & residual value of the Asset.

  2. SLM or WDV any method can be used for calulating the depreciation.

  3. While calculating depreciation by WDV method we need to consider the year from the date of purchase to same date in next financial year & so on, in order to arrive at correct salvage value in last year of Asset.

  4. Further we can break the duration & divide the depreciation according to financial year .

  5. Click here to know in detail Depreciation Rates and Provisions as per Companies Act 2013