Depreciation Calculator

Create a depreciation schedule for any asset using the straight-line or written-down-value method.

Asset cost

₹

Residual (salvage) value

₹

Useful life

years

Method

WDV rate (optional)

Leave 0 to derive the rate from life and residual value. Income-tax block rates: e.g. 15% plant & machinery, 40% computers.

Email me this result We'll email your numbers and a link back. No spam.

Embed this calculator on your website — free

<iframe src="https://rebota.in/tools/depreciation-calculator?embed=1" width="100%" height="640" style="border:1px solid #e5e9f0;border-radius:12px" title="Depreciation Calculator" loading="lazy"></iframe>
<p style="font-size:12px"><a href="https://rebota.in/tools/depreciation-calculator">Depreciation Calculator</a> by Rebota</p>

Browse all free calculator widgets →

How to use the Depreciation Calculator

Enter the asset's cost, including installation and freight.
Enter the expected residual value and useful life.
Choose SLM or WDV; for WDV, enter a rate or let it be derived.

Formula used

SLM: Annual depreciation = (Cost − Residual value) ÷ Useful life

WDV: Depreciation = Opening book value × Rate; derived rate = 1 − (Residual ÷ Cost)^1/life

Was this helpful?

Depreciation Calculator — FAQs

SLM or WDV — which should I use?▾

Companies Act financial statements may use either, with useful lives from Schedule II. Income-tax returns in India must use the WDV block rates prescribed by the Income-tax Rules.

What is the Schedule II useful life of plant and machinery?▾

General plant and machinery is 15 years, computers 3 years, servers 6 years, furniture 10 years and motor cars 8 years, with residual value normally up to 5% of cost.

What is the half-year rule in income tax?▾

If an asset is used for less than 180 days in the year of purchase, only half of the normal WDV rate is allowed for that year.

How to use the Depreciation Calculator

Formula used

Depreciation Calculator — FAQs

Related calculators