Free tool
Depreciation calculator (income tax)
Pick the block, enter the opening balance, additions and disposals. You get the year's depreciation and the closing balance.
Which block?
Rs.
The block's closing balance from last year
Rs.
Cost of assets added to the block
Rs.
Deducted from the block, up to cost
How this is worked out
Nepal depreciates by block, not asset by asset: the opening balance plus additions, less disposals, multiplied by the block rate. Intangibles (class E) are written off over their useful life, and leasehold improvements follow the lease term, so they are not on this calculator. When disposals exceed the whole block, the excess is income.
Depreciation for the year
Rs. 0
Enter your figures to see the result.
Rates follow Schedule 2 of the Income Tax Act, 2058. Some entities and projects receive an addition to the rate, and some assets have special rules, so check the Schedule for your case.
Depreciation is one of the first things an assessment tests. A clean fixed asset register avoids the argument.
Book a free callFigures follow FY 2083/84 and change with each Finance Act. This is a general guide, not advice on your circumstances. Where the amount is material, have the position checked before you act.