Depreciation calculation guidance

Useful life for

new assets
Dep Residual
Main Head GL Codes Categories Asset Class (Years)
Method value
Under NEW
Companies Act
Land
Land 1000000 1 Freehold Land 1000 WDV
Over the lease
Land 1000000 2 Leasehold Land 1002 WDV Nil
period
BUILDING
BUILDING 1000010 3 Office buildings 1010 WDV 60 5%

BUILDING 1000010 4 Factory buildings / Factory Sheds 1012 WDV 30 5%

Fences, wells, tube wells, water tanks, water
BUILDING 1000010 5 1014 WDV 5 5%
supply system
BUILDING 1000010 6 Others including temporary structure etc 1016 WDV 3 5%

BUILDING 1000010 7 Carpeted Road – RCC 1020 WDV 10 5%

PLANT AND MACHINERY
Plant & Machinery (Indigenious)
Plant & Machinery 1000020 (including ETP, Sewage plant, Water
8 purification plant, Solar Power Plant, Fire 1100 WDV 15 5%
Alarm system, Stabilizer , UPS and
transformer with P&M)
Plant & Machinery (Imported)
Plant & Machinery 1000020 (including ETP, Sewage plant, Water
9 purification plant, Solar Power Plant, Fire 1101 WDV 15 5%
Alarm system, Stabilizer , UPS and
transformer with P&M)
MHE
Plant & Machinery 1000020
(Storage Weighing and Material Handling
10 Equipment (Include cranes, EOT), Hoist, 1110 WDV 15 5%
Hand Pallets, Amco, Magnetic lifter, forklift,
Rail Siding). Turning Table.

Plant & Machinery 1000020 11 Tools, dies, jigs and fittings 1112 WDV 15 5%

Plant & Machinery 1000020 12 Generator 1114 WDV 15 5%

Plant & Machinery 1000020 13 Electrical Installation and Equipment 1120 WDV 10 5%

Plant & Machinery 1000020 14 Laboratary testing equipment 1130 WDV 10 5%

FURNITURE AND FIXTURE
F&F 1000030 15 Furniture and fixture 1200 WDV 10 5%
OFFICE EQUIPMENT
Office Equipments 1000040 16 Air conditioner 1400 WDV 5 5%

Office Equipments 1000040 17 Air Cooler / Desert Cooler 1402 WDV 5 5%

Office Equipments 1000040 18 Heater 1404 WDV 5 5%

Office Equipments 1000040 19 Fan / Exhaust Fan/Air Purifier 1406 WDV 5 5%

Office Equipments 1000040 20 Office equipment - Others 1408 WDV 5 5%

Computer Systems
Computer Systems 1000050 21 Computers / Laptops 1600 WDV 3 5%

Computer Systems 1000050 22 Servers & Networks 1602 WDV 6 5%

VEHICLES
Vehicles 1000060 23 Motor car / buses (Four Wheelers) 1700 WDV 8 5%
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Vehicles 1000060 24 Motor cycles, Scooters (Two Wheelers) 1702 WDV 10 5%
INTANGIBLE ASSTS
Software 1090001 25 Softwares 1800 WDV 3 5%

Technical Knowhow 1090002 26 Technical know how 1810 SLM 6 Nil

CWIP
Capital WIP 1080000 27 AuC (Plant & Machinery) 2000

Capital WIP 1080001 28 AuC (Furniture & Fixture) 2010

Capital WIP 1080002 29 AuC (Office Equipment) 2020

Capital WIP 1080003 30 AuC (Land & Building) 2030

Capital WIP 1095900 31 Intangible Asset under Development 2040

FURNITURE AND FIXTURE

F&F include Chair, Table, Cabinet and Office rack, Amirah, work station, Bed, Sofa. Ladder, Cash box,
Aluminum Doors, Gym Equipment, Kitchen Appliances, Lockers, Carpets, Window Blinds, CPU / TV
Trolley, Garden Umbrella,
OFFICE EQUIPMENT
This include Mobile, Camera, DVD, Video recorder, Aqua, RO, Water Dispenser, Fax, Refrigerator,
Attendance Machine, Access control system, Automated gate, TV, Vacuum cleaner, Coffee vending mc,
Metal detector, UPS (other than computer UPS), Telephone, CCTV, Typewriter, Printer, Washing Mc,
Office Stabilizer (Stabilizer with office equipment), Security system, Heat Blower, Geyser, Food
Processor, Microwaves, Electric toaster, Dish Washer, Air Purifier, Steam Iron, Dish Antenna, Invertor,
Dryer , Spiral binding mc, Xerox mc, EPABX, RO, Fire extinguisher, Type Writer. Lawn Movers, suitcase,
Music system, Projectors, Audio Visual equipment,
Computer Systems
Computers & Data Processing Units including Computer UPS, Printers, CD drive, Internet equipments
(NESD)

Electrical Installation and Equipment

This include Panels, Bus duct, Transformers, Distribution board, Light fittings, MCB, Meter, Switches,
Tube lights , main stabilizer (not attached with P&M or OE ) etc

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