calculateTax Calculator
Business Car Tax Depreciation Calculator India: Depreciation and Tax Savings
Estimate business-use depreciation and tax savings for a car. This is an educational estimate and actual treatment depends on block-of-assets, business use, ownership, tax regime and CA review.
Estimates only. Values vary based on lender, insurer, tax rules, and your profile. CarArth does not provide financial or legal advice.
Tax Savings
Depreciation under I.T. Act Section 32
Educational estimate only. Actual treatment may depend on block-of-assets rules, business use, ownership, tax regime, and CA review.
Estimated Savings₹2,50,332.61
Opening WDV
₹15,00,000.00
Closing WDV
₹6,65,557.97
Applied depreciation rate
15.0%
Estimated tax saving
₹2,50,332.61
Year-wise WDV schedule
Y115.0%₹2,25,000.00₹2,25,000.00₹12,75,000.00
Y215.0%₹1,91,250.00₹1,91,250.00₹10,83,750.00
Y315.0%₹1,62,562.50₹1,62,562.50₹9,21,187.50
Y415.0%₹1,38,178.13₹1,38,178.13₹7,83,009.38
Y515.0%₹1,17,451.41₹1,17,451.41₹6,65,557.97