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Depreciation calculation for motorbike

Others 2238 views 4 replies
honorable expert persons,


what is the depreciation rate of percentage for motorbike (bike)?? which depreciation method I should have to do


for instance if I bought a motor bike on 12.6.2017 the cost is RS 45,500 means while I am making for balance sheet 2019 to 2020 31 St March balance sheet which depreciation value I have to show in my BS ???


please I need a calculations
Replies (4)

I guess all corporate or company assets are insured as per the statute

https://www.icicilombard.com/blogs/two-wheeler-insurance/bike/understand-the-depreciation-value-of-your-two-wheeler

As per IT act, depreciation on motor cycle is 15%.
Depreciation is allowable as expense in Income Tax Act, 1961 on basis of block of assets on Written Down Value (WDV) method.

WDV as on 31.03.2018 ==  0.85 (C)

As per attached file

== 0.614125 C == Rs. 27943.

My honourable Dhirajlal sir ,kindly I need clarification about this calculations?? sorry pardon

Already given details in the attachment ...  Download it.. 


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