Fixed Asset Register and Depreciation Tool Schedule II IT WDV CARO 3(i) AuditAIKit
FIXED ASSETS · SCHEDULE II · IT WDV · CARO 3(i)
Fixed Asset Register + Depreciation · one register, the whole audit.
Drop your fixed asset register and the tool recomputes book depreciation, tests your monthly depreciation policy against actual dates, checks every asset's useful life against Schedule II, builds the Income Tax block-wise WDV (with the 180-day rule) and deferred tax, raises CARO 2020 Clause 3(i) observations on title deeds and physical verification, ages CWIP, tests disposals, and flags ghost / negative / fully-depreciated assets. Read the PPE playbook first. Runs entirely on your device.
✓ Schedule II vs IT Act WDV
✓ CARO 3(i) title-deeds
✓ CWIP ageing
✓ Deferred tax
✓ Working paper export
✓ 100% on-device · zero upload
✓ Free