A business has opening written-down value of ₹50,000 in its computer block for tax year 2026–27. The block remains in business use throughout the year and there are no additions or disposals. At a…

Under section 33 of the Income-tax Act, 2025, depreciation on a block is the prescribed rate applied to its written-down value. Forty per cent of ₹50,000 is ₹20,000; the half-rate rule in section 33(4) applies only to assets acquired during the year, not to the opening block.