A real Excel register: Schedule II lives pre-loaded, SLM/WDV formulas that pro-rate on days and stop at residual, the 180-day rule and block of assets built in.
One register, both Acts — Schedule II lives already in it, formulas that cannot go negative, the 180-day split done for you, and the deferred-tax line at the bottom.
v2.1 — Office paste note updated after Microsoft shipped a fix.
AI tools for chartered accountants
by CA Karan Gupta
One register, both Acts — Schedule II lives already in it, formulas that cannot go negative, the 180-day split done for you, and the deferred-tax line at the bottom.
Last statutory update: 29 Sept 2026 — v2.1 — Office paste note updated after Microsoft shipped a fix.
Companies Act, 2013 Schedule II Part C useful lives (27 classes) with NESD flags. Income-tax block of assets under s.33 of the Income-tax Act, 2025 with Appendix I rates (13 blocks) and the 180-day split. SLM and WDV floored at residual value. Rules carried from the live schedule2-depreciation-web tool and re-verified 6 September 2026. Confirm the live Schedule II and Appendix I before you sign the schedule.
The workspace opens on tools.cakarangupta.com so site login and browser storage stay isolated. Print and local downloads work in the tool itself.
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