Question: how to calculate wdv after charging depreciation?
Answer: For example, for Year I – Depreciation = 10,00,000 x 12.95% i.e. 1,29,500. New WDV for subsequent year will be previous WDV minus Depreciation already charged. i.e. WDV for year II will be 10,00,000 – 1,29,500 i.e., 8,70,500.