A pool of assets of one class and one depreciation rate under the Income-tax Act Section 32 block-of-assets scheme — the tax book, kept separate from the Companies Act book that RecurringDepreciation and the fixed-asset schedule maintain. The calculation engine depreciates opening written-down value plus additions minus deductions at the block rate, applying half the rate to additions put to use for fewer than 180 days in the year, with deductions applied against the full-rate pool first. Be aware of a real limitation: the stored row holds only the block rate and opening WDV, with no additions or deductions columns, so the Form 3CD Clause 18 comparison of tax versus book depreciation passes additions and deductions as zero and will understate any year with capital additions. Nothing here posts to the ledger — block depreciation is computed for disclosure, not journalised.
Fields
| Field | Label | Type | Required | What it does |
|---|
BlockCode | Block Code | Text | | The Income-tax asset-class code for the pool, such as 04 or 07A. It is used to order and label the block in the Form 3CD depreciation disclosure, falling back to the block's label when left blank. |
CreatedById | Created By | Lookup → UserAccount | Yes | |
CreatedDateTime | Created On | DateAndTime | Yes | |
DepreciationRate | Depreciation Rate | Currency | | The statutory block rate, held as a fraction rather than a percentage — enter 0.15 for fifteen percent. The Form 3CD builder defensively divides any value greater than one by a hundred, but the calculation engine itself rejects rates outside the open range between zero and one, and a block with an unusable rate is quietly skipped from the disclosure rather than aborting it. |
FiscalYearId | Fiscal Year | Lookup → FiscalYear | | The assessment year this block snapshot belongs to. Blocks are held one row per year rather than as a single running pool, and the tax-depreciation disclosure selects strictly on this column plus the company, so a block missing it never appears in the report. |
Id | Id | Guid | Yes | |
Label | Label | Text | | |
ModifiedById | Modified By | Lookup → UserAccount | Yes | |
Name | GL Account Name | Text, unique | Yes | The platform record-name key for the block. It carries the display label 'GL Account Name', which is misleading — an asset block has no link to the chart of accounts at all, since Income-tax block depreciation is computed for disclosure rather than journalised. |
OpeningWdv | Opening Wdv | Currency | | The pool's written-down value carried into the fiscal year, and the only monetary column on the block. |
OwnerId | Owner | Lookup → UserAccount | Yes | |
PartnerAccountId | Partner Account | Lookup → Account | | The company the block belongs to. Together with the fiscal year it forms the pair the tax-depreciation disclosure filters on, so this must be the legal entity being audited and not a related party or vendor. |
RecordTypeId | Record Type | Guid, hidden | | |
UIProps | UI Props | Text | | |
UpdatedDateTime | Updated On | DateAndTime | Yes | |
Actions
| Action | Label | Type | What it does |
|---|
BulkDelete | Delete | Delete | Delete the selected records. |
Clone | Clone | ServerAction (Clone) | Create a copy of this record |
Delete | Delete | Delete | Delete |
DeleteInList | Delete | Delete | Delete in a list page |
Edit | Edit | Edit | Edit |
EditListRow | Edit | Edit | EditListRow |
New | New | New | New |
