Asset Register

Useful life and residual value are used for the current straight-line book calculation. To use Income-tax WDV after CA review, open the Income-tax Depreciation Schedule.

Asset descriptionAsset categorySubcategoryPurchase datePut-to-use date (Income-tax)Leave blank if the asset was put to use on its purchase date.Income-tax blockIf blank, the system suggests a block from the category; verify it with your CA.Depreciation start dateFor straight-line reference only.Purchase value (₹)Residual value (₹)Useful life (years)Filled automatically from the category. You can change it after CA review; it is not used when tax WDV is approved.Depreciation policy noteFundSupplier / vendorInvoice numberLocationCustodianSerial numberDocument typeAttach purchase document

Asset ID	Asset	Tax block	Put to use	Cost	Life	Current-year depreciation	Accumulated depreciation	Net book value