Depreciation calculation of WDV & SLM

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This discussion explains how to calculate depreciation for both company and non-company assets using the Written Down Value (WDV) and Straight-Line Method (SLM). It provides an example using an asset purchased on 1/6/2019 with a value of Rs. 10,00,000 and a residual value of Rs. 2,50,000 over 10 years. The calculation demonstrates a monthly depreciation of Rs. 6,250 using the SLM method.

Suhas sawant

Suhas sawant (Querist)

20 January 2020 Sir,
i want to know the depreciation calculation for company & non company for WDV & SLM

Date of purchase of asset 1/6/2019
Asst value Rs. 10,00000
Residual Value Rs. 2,50,000
Effective life 10 years

so how to calculate the depreciation for the year, first year, last year in both the method

Thanks
Suhas

Spurto Consultancy Services

Spurto Consultancy Services (Expert)

20 January 2020 What is the category of asset?
Required for Non Company

Suhas sawant

Suhas sawant (Querist)

20 January 2020 category is tangible for both company & non company

Amol S Joglekar

Amol S Joglekar (Expert)

21 January 2020 10,00,000 -2,50,000 = 7,50,000 divided by 120 month....i.e.Rs.6,250/- per month... This is straight line
WDV, i think should not be a problem for you Is it?

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