IT Act Depreciation

Calculate block-wise WDV depreciation as per Section 32 of the Income Tax Act, accounting for assets put to use for more or less than 180 days.

Block Depreciation Rate (%)

Opening WDV of Block

Additions (Used for ≥ 180 days)

Purchased & put to use on or before 3rd October.

Additions (Used for < 180 days)

Purchased & put to use after 3rd October (Gets 50% dep rate).

Moneys Payable on Deletions / Sales

Sale value of assets discarded, sold, or destroyed.

Total Depreciation

₹1,87,500

Closing WDV (Next Year O/B)

₹12,12,500

Depreciation Calculation BreakdownRate: 15%

On (Opening + ≥180 Days Addts - Sales)₹1,65,000

On (<180 Days Addts) [@ 7.5%]₹22,500

Total Allowable Depreciation₹1,87,500

Rules of Block Concept

If the block ceases to exist (all assets sold), even if WDV remains, depreciation is zero. Remaining WDV becomes a Short Term Capital Loss.
If sales value exceeds block value, the remainder is Short Term Capital Gain.
Depreciation is claimed on the block, not on individual assets.

Loading calculator…