Depreciation Calculator
FINANCIAL YEAR 01-04-2021 TO 31-03-2022
As per WDV Method dd/mmm/yy 3/31/2021 3/31/2021 3/31/2022
Asset Classification Date Of Original Cost WDV as on Addition/ Estimated Balance days Days used in Rate of Dep. Dep. Amount Net block
Purchase Of 31/03/2021 New Purchase useful life of Assets per year 31/03/2022
New / Exsisting as per Remaning life
Asset schedule II as on
(in years) 31/03/2020
Machinery Plant & Machinery 1-Nov-16 50000 8 1309 365 56.63% 28,313 21,687
Other machine Plant & Machinery 5-Sep-15 6800 4176 8 886 365 64.42% 2,690 1,486
Compressor Machine Plant & Machinery 11-Jul-14 12631 9126 8 465 365 87.71% 8,004 1,122
Welding Machine Plant & Machinery 26-Mar-14 63000 58275 8 358 358 94.59% 55,125 3,150
Tools Plant & Machinery 22-Nov-14 420 330 8 599 365 81.33% 268 62
All asssets are dummy Plant & Machinery 3-Jan-17 28445 8 1372 365 54.93% 15,625 12,820
Electricity Fitting Electrical Fittings 2-Jan-12 19800 13233 10 274 274 92.52% 12,243 990
Electricity Fitting Electrical Fittings 26-Nov-12 520 408 10 603 365 81.11% 331 77
Revolving Chairs Furniture & Fixtures 31-Mar-11 7088 4909 10 -3 -3 92.78% 4,555 354
Sofa Set Furniture & Fixtures 3-Jan-17 10000 10 2102 365 40.56% 4,056 5,944
Maruti Car Motor Vehicles 12-Jan-15 5740 5000 1000 8 650 365 80.15% 4,809 1,191
RE Thunderbird 350 Motor Vehicles 12-Feb-11 10000 100 10 -50 -50 -400.00% (400) 500
Water Cooler Office Equipments 12-Jan-15 8000 5000 5 -445 -445 92.00% 4,600 400
Projector Office Equipments 12-Feb-15 10000 100 5 -414 -414 -400.00% (400) 500
Printer LP LJ 1007 P Computers & Peripherals 12-Jan-16 5740 257 3 -810 -810 -11.67% (30) 287
Computer Computers & Peripherals 12-Feb-16 44460 1992 3 -779 -779 -11.60% (231) 2,223
LAPTOP 2 Computers & Peripherals 13-Jul-17 42273 2705 3 -262 -262 21.86% 591 2,114
LAPTOP Computers & Peripherals 2-Feb-17 57190 3 -423 -423 95.00% 54,331 2,859
ERP Software Softwares 1-Apr-19 44460 35000 3 365 60 93.65% 5,388 29,612
leave this row blank
TOTAL 280,932 140,611 146,635 199,868 87,378
Note No. (Part of Financial Statements)
Fixed Asset Schedule as per Companies Act 2013
Name of the Asset GROSS BLOCK DEPRECIATION
1-Apr-21 Additions Deletions/ 31-Mar-22 1-Apr-21 Deletions/ Dep for the
Adjustment Adjustment year
Plant & Machinery 82,851 78,445 161,296 10,944 - 110,025
Electrical Fittings 20,320 - 20,320 6,679 - 12,574
Furniture & Fixtures 7,088 10,000 17,088 2,179 - 8,611
Motor Vehicles 15,740 1,000 16,740 10,640 - 4,409
Office Equipments 18,000 - 18,000 12,900 - 4,200
Computers & Peripherals 92,473 57,190 149,663 87,519 - 54,661
Softwares 44,460 - 44,460 - 9,460 14,848 5,388
280,932 146,635 44,460 383,107 140,321 14,848 199,868
Previous Year
(Amount in Rs.)
es Act 2013
ECIATION NET BLOCK
31-Mar-22 31-Mar-22 31-Mar-21
120,969 40,327 71,907
19,253 1,067 13,641
10,790 6,298 4,909
15,049 1,691 5,100
17,100 900 5,100
142,180 7,483 4,954
- - 35,000 <<<sample sale entry
325,341 57,766 140,611
PART C OF SCHEDULE II OF COMPANIES ACT 2013
Description of Asset USEFUL WDV
LIFE OF RATE
ASSETS
I Buildings [NESD]
Building (other than factory buildings) RCC Frame 60 4.87%
Building (other than factory buildings) other than RCC Frame Structure 30 9.50%
Factory buildings 30 9.50%
Fences, wells, tube wells 5 45.07%
Other (including temporary structure, etc.) 3 63.16%
II Bridges, culverts, bunkers, etc. [NESD] 30 9.50%
III Roads [NESD]
Carpeted Roads - RCC 10 25.89%
Carpeted Roads - other than RCC 5 45.07%
Non-carpeted roads 3 63.16%
IV Plant and Machinery
(a) General rate applicable to Plant and Machinery not covered under
Special Plant and Machinery
(i) Plant and Machinery other than continuous process plant not covered
under specific 15 18.10%
(ii) Continuous process plant for which no special rate has been prescribed
under (ii) below 8 31.23%
(b) Special Plant and Machinery
(i) Plant and Machinery related to production and exhibition of Motion
Picture Films
1. Cinematograph films - Machinery used in the production and exhibition of
cinematograph films, recording and reproducing equipments, developing
machines, printing machines, editing machines, synchronizers and studio
lights 13 20.58%
2. Projecting equipment for exhibition of films 13 20.58%
(ii) Plant and Machinery used in glass
1. Plant and Machinery except direct fire glass melting furnaces -
Recuperative and regenerative glass melting furnaces 13 20.58%
2 Plant and Machinery except direct fire glass melting furnaces - Moulds
[NESD] 8 31.23%
3 Float Glass Melting Furnaces [NESD] 10 25.89%
(iii) Plant and Machinery used in mines and quarries Portable underground
machinery and earth moving machinery used in open cast mining
8 31.23%
(iv) Plant and Machinery used in Telecommunications [NESD]
1.Towers 18 15.33%
2 Telecom transceivers, switching centres, transmission and other
network equipment 13 20.58%
3 Telecom - Ducts, Cables and optical fibre 18 15.33%
4 Satellites 18 15.33%
(v) Plant and Machinery used in exploration, production and refining
oil and gas [NESD]
1. Refineries 25 11.29%
2 Oil and gas assets (including wells), processing plant and
facilities 25 11.29%
3 Petrochemical Plant 25 11.29%
4 Storage tanks and related equipment 25 11.29%
5 Pipelines 30 9.50%
6 Drilling Rig 30 9.50%
7 Field operations (above ground) Portable boilers, drilling tools, well-
head tanks, etc. 8 31.23%
8 Loggers 8 31.23%
(vi) Plant and Machinery used in generation, transmission and
distribution of power [NESD]
1.Thermal / Gas / Combined Cycle Power generation plant 40 7.22%
2 Hydro Power Generation Plant 40 7.22%
3 Nuclear Power Generation Plant 40 7.22%
4 Transmission lines, cables and other network assets 40 7.22%
5 Wind Power Generation Plant 22 12.73%
6 Electric Distribution Plant 35 8.20%
7 Gas Storage and Distribution Plant 30 9.50%
8 Water Distribution Plant including pipelines 30 9.50%
(vi) Plant and Machinery used in generation, transmission and
distribution of power [NESD]
1 Sinter Plant 20 13.91%
2 Blast Furnace 20 13.91%
3 Coke Ovens 20 13.91%
4 Rolling mill in steel plant 20 13.91%
5 Basic Oxygen Furnace Converter 25 11.29%
(viii) Plant and Machinery used in manufacture of non ferrous metals
1. Metal pot line [NESD] 40 7.22%
2 Bauxite crushing and grinding section 40 7.22%
3 Digester Section [NESD] 40 7.22%
4 Turbine [NESD] 40 7.22%
5 Equipments for Calcinations [NESD] 40 7.22%
6 Copper Smelter [NESD] 40 7.22%
7 Roll Grinder 40 7.22%
8 Soaking Pit 30 9.50%
9 Annealing Furnace 30 9.50%
10 Rolling Mills 30 9.50%
11 Equipments for Scalping, Slitting, etc. [NSED] 30 9.50%
12 Surface Miner, Ripper Dozer, etc. used in mines 25 11.29%
13 Copper refining plant [NSED] 25 11.29%
(ix) Plant and Machinery used in medical and surgical
operations [NESD]
1 Electrical Machinery, X-ray and electrotherapeutic apparatus and
accessories thereto, medical, diagnostic equipments, namely, Cat-scan,
Ultrasound Machines, ECG Monitors, etc. 13 20.58%
2 Other Equipments used in medical and surgical operations 15 18.10%
(x) Plant and Machinery used in manufacture of pharmaceuticals
and chemicals [NESD]
1 Reactors 20 13.91%
2 Distillation Columns 20 13.91%
3 Drying equipments / Centrifuges and Decanters 20 13.91%
4 Vessel / Storage tanks 20 13.91%
(xi) Plant and Machinery used in civil construction
1 Concreting, Crushing, Piling Equipments and Road Making
Equipments 12 22.09%
2 Heavy Lift Equipments
- Cranes with capacity more than 100 tons 20 13.91%
- Cranes with capacity less than 100 tons 15 18.10%
3 Transmission line, Tunnelling Equipments [NESD] 10 25.89%
4 Earth-moving equipments 9 28.31%
5 Others including Material Handling / Pipeline / Welding
Equipments [NESD] 12 22.09%
(xii) Plant and Machinery used in salt works [NESD] 15 18.10%
V Furniture and fittings [NESD]
(a) General furniture and fittings 10 25.89%
(b) Furniture and fittings used in hotels, restaurants and boarding houses,
schools, colleges and other education institutions, libraries, welfare
centres, meeting halls, cinema houses, theatres and circuses and furniture
and fittings let out on hire for used on occasion of marriages and
similar functions 8 31.23%
VI Motor Vehicles [NESD]
(a) Motor cycles, scooters and other mopeds 10 25.89%
(b) Motor buses, motor lorries, motor cars and motor taxies used in a
business of running them on hire 6 39.30%
(c) Motor buses, motor lorries, motor cars and motor taxies other than
those used in a business of running them on 8 31.23%
(d) Motor tractors, harvesting combines and heavy vehicles 8 31.23%
(e) Electrically operated vehicles including battery powered or fuel
cell powered vehicles 8 31.23%
VII Ships [NESD]
(a) Ocean-going ships
(i) Bulk Carriers and liner vessels 25 11.29%
(ii) Crude tankers, product carriers and easy chemical carriers
with or without conventional 20 13.91%
(iii) Chemicals and Acid Carriers
1 With Stainless steel tanks 25 11.29%
2 With other tanks 20 13.91%
(iv) Liquefied gas carriers 30 9.50%
(v) Conventional large passenger vessels which are used for cruise
purpose also 30 9.50%
(vi) Coastal service ships of all categories 30 9.50%
(vii) Offshore supply and support vessels 20 13.91%
(viii) Catamarans and other high speed passenger for ships or boats 20 13.91%
(ix) Drill ships 25 11.29%
(x) Hovercrafts 15 18.10%
(xi) Fishing vessels with wooden hull 10 25.89%
(xii) Dredgers, tugs, barges, survey launches and other similar ships
used mainly for dredging 14 19.26%
(b) Vessels ordinarily operating on inland waters
(i) Speed boats 13 20.58%
(ii) Other vessels 28 10.15%
VIII Aircrafts or Helicopters [NESD] 20 13.91%
IX Railway siding, locomotives, rolling stocks, tramways and
railway used by concerns, excluding railway 15 18.10%
X Ropeway structures [NESD] 15 18.10%
XI Office equipments [NESD] 5 45.07%
XII Computers and data processing units [NESD]
(a) Servers and networks 6 39.30%
(b) End user devices, such as, desktops, laptops, etc. 3 63.16%
XIII Laboratory equipment [NESD]
(a) General laboratory equipment 10 25.89%
(b) Laboratory equipments used in education institutions
5 45.07%
XIV Electrical Installations and Equipment [NESD] 10 25.89%
XV Hydraulic woks, pipelines and sluices [NESD] 15 18.10%
Instructions
This is meant only for calculation of depreciation while making financial statements. This does not serves the purpose of Fixed
The Sheet "Rate of Depreciation" is given for your reference to determine applicable depreciation rate to a particular asset.
Fixed Asset Schedule is generated automatically. You just need to cross check it.
Add new rows for more assets and drag down the formula of respective columns from rows above it.
For calculating depreciation on assets sold during the year, you need to do the following:
1. Changes in Depreciation Sheet:
a. Manually enter the days for which asset is used during the year in column “Days Used in Year” (Col No. I).
Please note the WDV of that asset as calculated in the last column (Col No: L) for use in the next step no. 2(b).
2. Changes to Fixed Asset Schedule sheet:
a. Enter the original cost of that asset in the gross block’s column of “deletion” (col No: D)
b. Enter the total depreciation including current year depreciation (i.e. Original Cost {minus} WDV as noted in step 1)
of that asset in the depreciation’s Deletion column (Col No: G).
You may check the last dummy entry for further clarification.
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[email protected] erves the purpose of Fixed Asset Register.
te to a particular asset.
noted in step 1)
