You can use the Customizing settings delivered by SAP in order to configure Asset Accounting (FI-AA) with respect to the income tax depreciation area. For more information about what settings to make, see the Country Version India Implementation Guide (CIN IMG), under CIN 40A Release Notes ® Release Notes – Financial Accounting ® Asset Accounting.

The following are available for the country specific requirement for India:

• Chart of depreciation
• Depreciation keys as per the Indian income tax laws.

Using the documentation available under the release notes for CIN 40A, configure FI-AA for the income tax depreciation area.