Fixed Asset Accounting • Income Tax Act
Store Asset & POS Depreciation Calculator
Calculate annual depreciation on computers, POS barcode scanners, thermal printers, deep freezers, and pharmacy display racks under Straight Line Method (SLM) & Written Down Value (WDV) as per Indian Companies Act and Income Tax Rules.
Asset Purchase Details
Depreciation Schedule
Year 1 Income Tax (WDV) Depreciation
₹26,000
Tax Shield Saving (@ 25% tax): ~₹6,500
SLM Annual Depreciation (Companies Act):
₹20,583.33 / Year
Year 2 Opening WDV Balance:
₹39,000.00
Year 2 Depreciation:
₹15,600.00