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Aug 19, 2023 · Straight-Line Depreciation Formula. The straight line calculation, as the name suggests, is a straight line drop in asset value. The depreciation of an asset is spread evenly across the life. Last year depreciation = ( (12 - M) / 12) * ( (Cost - Salvage) / Life) And, a life, for example, of 7 years will be depreciated across 8 years. Feb 1, 2021 · Saved searches Use saved searches to filter your results more quickly Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months. Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **. # Capital gain accrued up to January …

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