What is the typical timeline for Private Limited Company registration?

The standard timeline for company incorporation in India is 7 to 10 working days, subject to MCA portal processing speeds and name approval validation. This includes obtaining DIN, DSC, drafting MoA/AoA, and receiving the Certificate of Incorporation.

What is the scope of compliance under your corporate package?

Our compliance services cover standard ROC filings (such as Form AOC-4 and MGT-7), maintenance of statutory registers, board and general meeting documentation support, event-based filings, and ongoing GST and Income Tax filings.

How do you structure your pricing?

We maintain a transparent pricing policy. We provide fixed-price package options for regular registrations and corporate support. Custom advisory is priced transparently based on hours and resource complexity. There are no hidden fees.

Do you offer services across India?

Yes! We operate with a PAN India service coverage. Through our digital document submission and fully online support system, we serve businesses, startups, and MSMEs situated anywhere in the country.

Statutory Depreciation Rates & Schedule

Official statutory rates of depreciation for all 10 prescribed asset blocks under the Written Down Value (WDV) method under Section 33 of the Income-tax Act, 2025 (Section 32 of the 1961 Act). Incorporates the 180-Day Put-to-Use rule (50% normal rate) and 20% Additional Manufacturing Depreciation.

SEC 33 / SEC 32 WDV•FY 2026-27 Active

All Tax Rates

Prescribed Asset Blocks

10 Blocks

Buildings to Intangibles

WDV Rate Range

5% to 40%

Written Down Value Method

Additional Manufacturing Dep.

20% Flat

Sec 33(1) / Sec 32(1)(iia)

Put-to-Use Cut-off

< 180 Days

50% Rate on Oct 4+ additions

Filter Asset Classification:

Statutory Asset Blocks & Prescribed WDV Depreciation Rates

Statutory Table under Section 33 of Income-tax Act, 2025 vs Section 32 of 1961 Act.

10 Asset Blocks

Statutory Citation	Qualifying Asset Classification	Normal WDV Rate (≥180 Days)	<180 Days (Half Rate)	Statutory Notes & Incentives
Section 33 Table (Block 1) Prev: Section 32 (Block 1)	Buildings (Residential other than hotels and boarding houses)	5%	2.5%	Written Down Value (WDV) method applied on block of assets.
Section 33 Table (Block 2) Prev: Section 32 (Block 2)	Buildings (Offices, Commercial, Factories, Godowns, Hotels, Boarding Houses)	10%	5.0%	Standard rate for all commercial premises.
Section 33 Table (Block 3) Prev: Section 32 (Block 3)	Purely Temporary Erections / Wooden Structures	40%	20.0%	Short-lived structures.
Section 33 Table (Block 4) Prev: Section 32 (Block 4)	Furniture and Fittings (Including electrical fittings)	10%	5.0%	General rate across all commercial establishments.
Section 33 Table (Block 5) Prev: Section 32 (Block 5)	Plant & Machinery (General rate for all industrial equipment) Eligible for 20% Additional Dep. (Sec 33(1) / 32(1)(iia))	15%	7.5%	Eligible for additional depreciation @ 20% for new manufacturing equipment put to use.
Section 33 Table (Block 6) Prev: Section 32 (Block 6)	Motor Cars used in business (Other than running on hire)	15%	7.5%	Commercial utility vehicles.
Section 33 Table (Block 7) Prev: Section 32 (Block 7)	Commercial Motor Buses, Lorries, and Taxis used in running on hire	30%	15.0%	Higher rate for transport service providers.
Section 33 Table (Block 8) Prev: Section 32 (Block 8)	Computers, Laptops, Servers, Printers, and System Software	40%	20.0%	High-tech assets and electronic data processing systems.
Section 33 Table (Block 9) Prev: Section 32 (Block 9)	Renewable Energy Devices (Solar, Windmills) & Pollution Control Equipment	40%	20.0%	Statutory green energy incentive block.
Section 33 Table (Block 10) Prev: Section 32 (Block 10)	Intangible Assets (Know-how, Patents, Copyrights, Trademarks, Licenses, Franchises)	25%	12.5%	Acquired commercial intangible intellectual property.

Section 33 Table (Block 1)Prev: Section 32 (Block 1)

Buildings (Residential other than hotels and boarding houses)

Normal WDV Rate (≥180d)5%

< 180 Days (Half Rate)2.5%

Written Down Value (WDV) method applied on block of assets.

Section 33 Table (Block 2)Prev: Section 32 (Block 2)

Buildings (Offices, Commercial, Factories, Godowns, Hotels, Boarding Houses)

Normal WDV Rate (≥180d)10%

< 180 Days (Half Rate)5.0%

Standard rate for all commercial premises.

Section 33 Table (Block 3)Prev: Section 32 (Block 3)

Purely Temporary Erections / Wooden Structures

Normal WDV Rate (≥180d)40%

< 180 Days (Half Rate)20.0%

Short-lived structures.

Section 33 Table (Block 4)Prev: Section 32 (Block 4)

Furniture and Fittings (Including electrical fittings)

Normal WDV Rate (≥180d)10%

< 180 Days (Half Rate)5.0%

General rate across all commercial establishments.

Section 33 Table (Block 5)Prev: Section 32 (Block 5)

Plant & Machinery (General rate for all industrial equipment)

Normal WDV Rate (≥180d)15%

< 180 Days (Half Rate)7.5%

Eligible for 20% Additional Manufacturing Dep.

Eligible for additional depreciation @ 20% for new manufacturing equipment put to use.

Section 33 Table (Block 6)Prev: Section 32 (Block 6)

Motor Cars used in business (Other than running on hire)

Normal WDV Rate (≥180d)15%

< 180 Days (Half Rate)7.5%

Commercial utility vehicles.

Section 33 Table (Block 7)Prev: Section 32 (Block 7)

Commercial Motor Buses, Lorries, and Taxis used in running on hire

Normal WDV Rate (≥180d)30%

< 180 Days (Half Rate)15.0%

Higher rate for transport service providers.

Section 33 Table (Block 8)Prev: Section 32 (Block 8)

Computers, Laptops, Servers, Printers, and System Software

Normal WDV Rate (≥180d)40%

< 180 Days (Half Rate)20.0%

High-tech assets and electronic data processing systems.

Section 33 Table (Block 9)Prev: Section 32 (Block 9)

Renewable Energy Devices (Solar, Windmills) & Pollution Control Equipment

Normal WDV Rate (≥180d)40%

< 180 Days (Half Rate)20.0%

Statutory green energy incentive block.

Section 33 Table (Block 10)Prev: Section 32 (Block 10)

Intangible Assets (Know-how, Patents, Copyrights, Trademarks, Licenses, Franchises)

Normal WDV Rate (≥180d)25%

< 180 Days (Half Rate)12.5%

Acquired commercial intangible intellectual property.

Interactive 5-Year WDV Schedule Simulator

Block WDV Method

Select Asset Block

Actual Acquisition Cost (₹)

Put to Use in Year 1

Section 33(1) / 32(1)(iia) Additional Depreciation @ 20%Available for new plant/machinery acquired by manufacturing entities. (20% in Year 1)

Period	Opening WDV (₹)	Normal Dep	Addl. Dep (20%)	Total Dep. (₹)	Closing WDV (₹)
Year 1 (TY 2026-7)	₹10,00,000	₹1,50,000 (15.0%)	₹2,00,000	₹3,50,000	₹6,50,000
Year 2 (TY 2027-8)	₹6,50,000	₹97,500 (15.0%)	-	₹97,500	₹5,52,500
Year 3 (TY 2028-9)	₹5,52,500	₹82,875 (15.0%)	-	₹82,875	₹4,69,625
Year 4 (TY 2029-10)	₹4,69,625	₹70,444 (15.0%)	-	₹70,444	₹3,99,181
Year 5 (TY 20210-11)	₹3,99,181	₹59,877 (15.0%)	-	₹59,877	₹3,39,304

Acquisition Cost₹10,00,000

Cumulative 5-Yr Dep.₹6,60,696 (66.1%)

WDV after Year 5₹3,39,304

Key Statutory Principles

180-Day Put-to-Use Proviso

If an asset is acquired and put to use for less than 180 days in the previous year (on or after 4th October), depreciation is restricted to 50% of the prescribed rate.

Companies Act vs Tax WDV (Deferred Tax)

Companies Act, 2013 Schedule II prescribes depreciation based on useful life (SLM/WDV), whereas the Income-tax Act mandates Block of Assets (WDV). The timing difference creates Deferred Tax Assets/Liabilities (AS 22 / Ind AS 12).

Ineligible Assets for Additional Dep.

Second-hand machinery, office appliances, road transport vehicles, or plant installed in guest houses/residential accommodation are ineligible.

Fixed Asset Advisory

FAR Reconciliation, Asset Tagging & Deferred Tax Provisioning

Our audit teams construct statutory Fixed Asset Registers (FAR), conduct physical tagging verifications, and formulate AS 22 / Ind AS 12 deferred tax schedules for institutional clients.

WhatsApp Advisory Team Book Audit Consultation

Taxorion Advisory Serviices Statutory Framework