diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index cb5a2541654..0b6cdd5e442 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -859,8 +859,6 @@ def get_total_days(date, frequency):
 
 @erpnext.allow_regional
 def get_depreciation_amount(asset, depreciable_value, row):
-	depreciation_left = flt(row.total_number_of_depreciations)
-
 	if row.depreciation_method in ("Straight Line", "Manual"):
 		# if the Depreciation Schedule is being prepared for the first time
 		if not asset.flags.increase_in_asset_life:
@@ -868,8 +866,12 @@ def get_depreciation_amount(asset, depreciable_value, row):
 			depreciation_amount = (flt(row.value_after_depreciation) -
 =======
 			depreciation_amount = (flt(asset.gross_purchase_amount) -
+<<<<<<< HEAD
 >>>>>>> 5c3d4caeda (fix: Create Depreciation Schedules properly for existing Assets)
 				flt(row.expected_value_after_useful_life)) / depreciation_left
+=======
+				flt(row.expected_value_after_useful_life)) / flt(row.total_number_of_depreciations)
+>>>>>>> 828769ca70 (fix: Remove unnecessary variable)
 
 		# if the Depreciation Schedule is being modified after Asset Repair
 		else:
diff --git a/erpnext/regional/india/utils.py b/erpnext/regional/india/utils.py
index 19d0781f5df..a6a48b1e9cf 100644
--- a/erpnext/regional/india/utils.py
+++ b/erpnext/regional/india/utils.py
@@ -838,8 +838,6 @@ def update_taxable_values(doc, method):
 		doc.get('items')[item_count - 1].taxable_value += diff
 
 def get_depreciation_amount(asset, depreciable_value, row):
-	depreciation_left = flt(row.total_number_of_depreciations)
-
 	if row.depreciation_method in ("Straight Line", "Manual"):
 		# if the Depreciation Schedule is being prepared for the first time
 		if not asset.flags.increase_in_asset_life:
@@ -847,8 +845,12 @@ def get_depreciation_amount(asset, depreciable_value, row):
 			depreciation_amount = (flt(row.value_after_depreciation) -
 =======
 			depreciation_amount = (flt(asset.gross_purchase_amount) -
+<<<<<<< HEAD
 >>>>>>> 22cc8d2246 (fix: Fix depreciation_amount calculation)
 				flt(row.expected_value_after_useful_life)) / depreciation_left
+=======
+				flt(row.expected_value_after_useful_life)) / flt(row.total_number_of_depreciations)
+>>>>>>> 828769ca70 (fix: Remove unnecessary variable)
 
 		# if the Depreciation Schedule is being modified after Asset Repair
 		else: