Depreciation Calculator
(As per Companies Act)
Disclaimer: This Depreciation Calculator provides illustrative examples based on common interpretations of Schedule II of the Companies Act, 2013, for educational and estimation purposes only. The useful lives and WDV rates provided for various asset categories are derived from publicly available information and are general in nature. For statutory compliance, accurate financial reporting, and specific business decisions, it is imperative to refer to the latest official text of the Companies Act, 2013, including Schedule II and any subsequent amendments, notifications, and clarifications issued by the Ministry of Corporate Affairs (MCA) or other regulatory bodies. Always consult with a qualified financial or legal professional for advice tailored to your specific circumstances. This tool is not a substitute for professional accounting or legal advice. We do not guarantee the accuracy or completeness of the information provided and disclaim any liability for errors or omissions.