Depreciation Calculator

This tool does the generic math: SLM spreads (Cost − Salvage) evenly over the life; WDV applies a fixed percentage to the reducing balance; DDB uses double the straight-line rate. Statutory depreciation for Indian company accounts and tax follows the Companies Act, 2013 (Schedule II) and the Income-tax Act (WDV blocks such as buildings 10%, plant & machinery 15%, computers 40%). Those rules, not this tool, decide what you can actually claim.