FIXED ASSET REGISTER
Company: [Name] — Financial Year: [FY] — Depreciation method: [SLM / WDV]
| S. No. | Asset Code | Asset Description | Location | Date of Purchase | Cost / Op. WDV (₹) | Additions (₹) | Dep. Rate % | Depreciation for Year (₹) | Accumulated Dep. (₹) | Closing WDV (₹) |
|---|
| 1 | [FA-001] | [Laptop – Dell] | [Head Office] | [10-Apr-2025] | [60000] | [0] | [40%] | [24000] | [24000] | [36000] |
| 2 | [FA-002] | [ ] | [ ] | [ ] | [ ] | [ ] | [ ] | [ ] | [ ] | [ ] |
Maintenance note: Record every acquisition and disposal with invoice reference. Compute depreciation as per Schedule II of the Companies Act (books) and the Income-tax block-of-assets rates (tax). Tag assets physically and verify by physical count each year.
Before you use it — fill in / check
- Company name
- Financial year
- Asset code & description
- Date of purchase
- Cost / opening WDV
- Depreciation rate
- Depreciation for year
- Closing WDV
How to use this template
- Read through and replace every [bracketed] or blank placeholder with your actual details.
- Delete any clause that doesn't apply and add anything specific to your situation.
- Click Print / Save as PDF to download, or Copy text to paste into your letterhead.
- Get it signed / stamped / notarised as required, and keep a copy for your records.
This is a general, editable template for convenience only — not legal advice. For anything material, have a professional review it. TaxClue isn't liable for how it's used.
