Best Depreciation method for books record

Which is the best Depreciation method for maintenaning books for a manufacturing unit as per company Act?

Replies (3)
Quick Summary
For a manufacturing unit maintaining its books, the Written Down Value (WDV) method is often considered the best depreciation approach under the Companies Act. This method offers significant tax benefits by allowing higher depreciation in the initial years, making it ideal for assets that rapidly lose value. It also provides a straightforward way to calculate an asset's depreciated value for potential sale.

Written down method
The best method which will hv max. tax benefit and simple calculation

The written down Value Method helps determine the asset’s depreciated value, which helps determine the price at which the asset should be sold. It applies a higher amount of depreciation in the initial years of the asset’s useful life. It is an ideal method to record the depreciation of assets, which lose their value quickly.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details