This module provides complete practical understanding of Depreciation Computation under both Income Tax Act, 1961 and Companies Act, 2013.
Learners will understand the concept of depreciable assets, block of assets, methods of depreciation (SLM & WDV), and calculation of depreciation for various asset classes.
The course also explains the differences between depreciation under the IT Act and Companies Act, including useful life of assets, schedule II rates, and change in method of depreciation.
Practical case studies and assignments are included to build a strong foundation for professionals involved in business taxation, accounting, and financial reporting.
Course Syllabus:
Introduction to Depreciable Assets
Classification of Assets
Meaning and Concept of Depreciation
Methods of Depreciation (SLM & WDV)
Depreciation as per Income Tax Act, 1961
Concept of “Block of Assets”
Depreciation Rates as per IT Act
Computation of Depreciation
Sale of Asset & Capital Gain/Loss
Case Studies & Assignment
Introduction to Schedule II – Depreciation under Companies Act, 2013
Useful Life of Assets
Depreciation Rates as per Companies Act
Computation of Depreciation as per Schedule II
Change in Method of Depreciation
Case Studies & Assignment
Learn Depreciation Calculation under both IT & Companies Act
Practical Training with Real Case Studies
Understand “Block of Assets” Concept & Capital Gain Impact
Industry-Relevant Knowledge for Tax & Accounts Roles
Perfect for Accounting Students & Business Professionals
Job Opportunities After Course:
After completing this module, you can work as:
Accounts Executive / Accountant
Tax Assistant / Business Tax Executive
Audit Assistant in CA Firms
Finance & Reporting Executive
Self-Employed Tax Consultant
Eligibility:
Minimum Qualification: 12th Pass (Commerce Preferred)
Basic Knowledge of Accounting or Tally recommended
Suitable for: Accounting Students, Tax Executives, CA/CS Students, and Business Professionals
Course Code : S-BC-005
Course Code : S-AI-001
Course Code : S-BC-004
Course Code : M-BC-003
Course Code : M-BC-003
Course Code : M-BC-003
Course Code : S-GD-001
Course Code : S-GD-002
Course Code : S-GD-003
Course Code : M-GD-004
Course Code : S-PG-001
Course Code : S-PG-002
Course Code : S-PG-003
Course Code : S-NE-002
Course Code : S-SE-001
Course Code : S-AD-001
Course Code : S-C-001
Course Code : S-C-002
Course Code : S-C-003
Course Code : S-C-004
Course Code : S-C-005
Course Code : S-C-006
Course Code : S-C-007
Course Code : S-C-008
Course Code : S-C-009
Course Code : M-C-010
Course Code : S-C-013
Course Code : S-C-014
Course Code : S-C-015
Course Code : S-C-016
Course Code : S-C-017
Course Code : S-C-018
Course Code : S-C-019
Course Code : S-C-020
Course Code : S-C-021
Course Code : S-C-023
Course Code : S-C-022
Course Code : S-C-024
Course Code : S-C-025
Course Code : M-C-026
Course Code : M-C-027
Course Code : M-C-028
Course Code : M-C-029
Course Code : M-C-030
Course Code : M-C-031
Course Code : M-C-032
Course Code : M-C-033
Course Code : M-C-034
Course Code : M-C-036
Course Code : M-BC-005
Course Code : M-BC-0010
Course Code : S-BC-007
Course Code : S-BC-008
Course Code : S-BC-009
Course Code : M-C-035
Course Code : M-NE-001
Course Code : M-C-038
Course Code : M-C-037
Course Code : M-WD-001
Course Code : M-BC-011
